Tether USDT Gets Largest Audit in History, But One Key Number Has Fallen 40%

KPMG U.S. has issued an unqualified opinion on Tether’s 2025 financial statements, the first full audit in the stablecoin issuer’s history. The audited accounts show reserves exceeding liabilities by $6.814 billion as of Dec. 31, 2025.

Tether’s own most recent quarterly report puts that buffer at $4.11 billion. What KPMG Actually Signed Off On The audit covers Tether International, S.A. de C.V. for the year ended Dec. 31, 2025.

An unqualified opinion is the strongest result an auditor can give, meaning no reservations or caveats.

Tether Completes the Largest Inaugural Financial Audit in HistoryRead more: https://t.co/vWG0fFSUxH— Tether (@tether) August 13, 2026 KPMG tested transactions, ownership records, valuations, systems, and counterparties.