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Crypto

KPMG Audit Confirms Tether’s Substantial Financial Position

Guavy AI Editorial Team
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Tether, a prominent stablecoin issuer, has announced the completion of its first full independent audit by KPMG U.S. The audit found that Tether's financial position and operating results were fairly presented.

The audit indicates that Tether's reserves exceeded its liabilities by $6.814 billion at the end of 2025, significantly enhancing market confidence in the stablecoin.

This development could impact investor sentiment and trading volumes in the cryptocurrency market.

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