Tether says KPMG completes audit (USDT-USD:Cryptocurrency)
Tether says KPMG completed a full independent USDT audit with an unqualified opinion, verifying reserves.
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Tether says KPMG completed a full independent USDT audit with an unqualified opinion, verifying reserves.
Tether says KPMG completes audit (USDT-USD:Cryptocurrency) | Seeking Alpha
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Tether, the company behind the stablecoin of the same name (
USDT-USD
), said on Thursday KPMG has successfully completed a full independent audit of Tether International, S.A. de C.V.âs financial statements for the year ended Dec. 31, 2025, a move that it has long promised.
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Quick Insights
Has Tether received a clean audit opinion from KPMG for its financial statements?
Yes, KPMG issued an unqualified (clean) audit opinion for Tether's financial statements as of Dec. 31, 2025.
How thoroughly did KPMG examine Tether's reserves and financial statements?
KPMG physically inspected all assets such as gold bars and applied rigorous standards across the balance sheet, income statement, equity changes, and cash flows using AICPA audit procedures.
How might the completion of Tether's independent audit affect its fundraising and market perception?
The audit completion fulfills a long-standing promise and addresses regulatory and market concerns, potentially aiding future fundraising and improving trust following past controversies.
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This article is sourced from Seeking Alpha. It is for informational purposes only and does not constitute investment advice.
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