Tether Completes First Full Independent Financial Statement Audit with KPMG U.S.

Tether, the issuer of USDT, has completed its first full independent financial statement audit. KPMG U.S. issued an unqualified opinion on Tether's 2025 financial statements.

The review covered Tether's broader financial statements and supporting records, including assets, liabilities, transactions, accounting systems, valuations, and cash flows.

Tether reported $6.81 billion in excess reserves over liabilities as of December 31, 2025, according to the company announcement on Thursday.