Tether, a major stablecoin issuer, completed its first full financial audit by KPMG. The report confirmed Tether's reserves exceeded its liabilities by $6.8 billion, providing a clean opinion and reinforcing confidence in its financial stability and backing.
Tether, known for its widely used stablecoins – digital currencies designed to hold a steady value, often matching the US dollar – has successfully finished its first comprehensive financial audit. Global accounting firm KPMG conducted this review, examining Tether’s 2025 financial records. The audit found that Tether’s total reserves were significantly greater than its total liabilities, specifically by $6.8 billion. This positive outcome, a 'clean opinion' from KPMG, aims to boost trust in Tether's financial health and the consistent backing of its digital assets.
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