Tether's KPMG Milestone: A $184 Billion Stablecoin Giant Finally Gets Its Full Audit
7 Articles
7 Articles
Tether's KPMG Milestone: A $184 Billion Stablecoin Giant Finally Gets Its Full Audit
Tether just cleared a threshold that once seemed out of reach. KPMG U.S. issued an unqualified opinion on the company’s 2025 financial statements. No reservations. No exceptions. The auditor examined everything from transactions and internal systems to ownership records, asset valuations, counterparties and the hard evidence behind them. The Audit That Changed the Conversation This marks the first full financial statement audit in Tether’s histo…
On August 13, 2026, Stablecoin issuer Tether announced that KPMG U.S. has audited the annual financial statements for the financial year 2025 and issued an unqualified audit opinion. According to the issuer, it is the first full annual financial audit of the company's history. For the German market, this is particularly important, as the announcement does not deal with: USDT has ceased to be valid for authorised suppliers in the EU since the end…
KPMG Clears Tether: $6.8B Surplus, Report Stays Private
What Did KPMG’s Audit Change For Tether? Tether CEO Paolo Ardoino dismissed continued criticism of the stablecoin issuer after KPMG U.S. issued an unqualified opinion on the 2025 financial statements of Tether International, the entity Ardoino said is the sole issuer of USDT. “Honestly, I don't care,” Ardoino said when asked about criticism that continued after the audit. “We proved ourselves many times.” An unqualified opinion, commonly describ…
This week, "Deconstruction" focuses on Russian banks' demands on crypto companies, the first independent audit of Tether, the threat of the Solana blockchain shutdown, the rising cost of computing in the AI industry, and the problem of Bitcoin's positioning. Cryptocompany audits in Russia Russian banks have begun demanding...
The audit of KPMG to Tether has confirmed the existence and composition of the reserves that support USDT, the largest stable in the market, a cryptocurrency whose value remains tied to the dollar. Tether has been receiving criticism for years for not submitting its accounts to an independent review of one of the major accounting firms. Now, according to the official announcement, KPMG US has completed the first independent audit of its reserves…
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