Tether just landed its first full financial audit by KPMG U.S., covering 2025 statements.
KPMG issued an unqualified opinion: Tether’s financial position was fairly presented. Reserves exceeded liabilities by $6.814 billion. This goes beyond prior attestations, including physical gold bar counts.
Our read: This legitimizes the largest stablecoin. The market sits at "Fear" (29 on the Fear & Greed Index). The trust gap between stablecoins and TradFi is closing. This audit is a massive step.
Would you trust a stablecoin without a Big Four audit right now? $USDT
KPMG issued an unqualified opinion: Tether’s financial position was fairly presented. Reserves exceeded liabilities by $6.814 billion. This goes beyond prior attestations, including physical gold bar counts.
Our read: This legitimizes the largest stablecoin. The market sits at "Fear" (29 on the Fear & Greed Index). The trust gap between stablecoins and TradFi is closing. This audit is a massive step.
Would you trust a stablecoin without a Big Four audit right now? $USDT