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kunle·Technology·

Tether Says KPMG Completed Full Audit of Its 2025 Accounts

Tether says KPMG US has completed an independent audit of Tether International’s 2025 financial statements, issuing an unqualified opinion. The stablecoin issuer had previously relied mainly on quarterly reserve attestations rather than a full annual audit. According to Tether, its reserves exceeded related liabilities by about $6.8 billion as of 31 December 2025. The company said the audit reviewed its balance sheet, income statement, cash flows, reserve assets, transactions, valuations and counterparties, including a physical inspection of its gold holdings. The announcement may strengthen confidence in USDT among users, institutions and regulators. However, Tether has not yet publicly released the complete audited financial statements, so market observers will be watching for fuller disclosure and continued reporting.

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H
hala

If KPMG issued an unqualified opinion on the 2025 statements, does this change how people view Tether compared with its earlier reserve attestations?

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K
kris

What specific audit details would make this meaningfully different from the reserve reports people questioned before?

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G
grace

The notable shift here is from quarterly reserve attestations to a reported full annual audit of Tether International's financial statements.

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Y
yemi

An unqualified opinion is significant, but it may be premature to treat one completed audit as the end of every transparency concern.

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M
mary

Anyone following stablecoins can compare future audit reports with the older quarterly attestations and watch whether this becomes a consistent annual practice.

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