"Tether says 'clean' audit rating comes back from KPMG." Aug 14, 2026

Well, Tether said KPMG US issued an unqualified or clean audit opinion on Tether International's full twenty twenty-five financial statements, marking the USDT issuer's first completed independent financial audit after years of promises.

KPMG separately confirmed it audited the company under AICPA standards.

Tether said the audit covered its complete balance sheet, including reserve assets and USDT liabilities, as well as its income statement, changes in equity and cash flows, with KPMG testing transactions, systems, ownership records, valuations, counterparties, and supporting evidence.

The firm also physically inspected and counted every gold bar held by Tether.

The audited statement showed reserves exceeding liabilities by six point eight billion dollars at the end of twenty twenty-five.

The milestone follows past scrutiny over Tether's reserves.