Tether Claims 'Largest Inaugural Financial Audit' as KPMG Signs Off on 2025 Statements
Tether said KPMG issued an unqualified audit opinion on its 2025 financial statements, which it described as a major milestone for USDT, the world’s largest stablecoin. Tether said KPMG reviewed its assets, liabilities, income, cash flows, internal systems, records, counterparties, and supporting documents, and even physically counted and inspected each gold bar held by the company. An unqualified opinion means auditors found no major issues in how the statements were presented, but it does not guarantee Tether’s business strength or ability to meet obligations. The company has long faced scrutiny over reserves and disclosures, including past regulatory settlements and fines. Tether said the audit shows its governance and financial controls have matured alongside its growth.
