Tether Completes First Full Big Four Audit, Confirms $180B Reserve Surplus

Tether has completed its first full financial audit for the USDT stablecoin, conducted by KPMG U.S., one of the Big Four accounting firms. The audit reviewed Tether's entire financial position for the year ending 2025 and confirmed that the company's reserves backing the $180 billion in circulation exceed liabilities by $6.814 billion.

The audit is a significant step towards enhancing transparency and confidence in USDT's reserve backing, which has been a topic of discussion among investors and regulators. The full report will provide crucial details on the scope and composition of Tether's reserves, which will be essential for market trust and regulatory scrutiny.

Tether's move to conduct a full financial audit comes at a time when the company is facing increased scrutiny over its reserve backing. The Big Four audit will help to address concerns and provide assurance to investors that USDT's reserves are sufficient to back the stablecoin in circulation.