Tether Posts Strong 2025 Financials with $6.8 Billion Reserve Surplus

Tether, the issuer of the world's largest stablecoin, has finally undergone an independent audit of its financial statements for 2025. The audit, performed by KPMG US, is a significant move to reassure markets about Tether's finances following heightened global scrutiny of crypto companies.

The audit found that Tether's reserves exceeded its liabilities by $6.8 billion in 2025, according to the company's chief financial officer. This marks a major milestone for Tether, which has faced criticism and regulatory pressure in recent years.

KPMG US physically counted every gold bar held by Tether as part of the audit process, providing an added layer of transparency and accountability. The audit complements Tether's existing quarterly reserve reporting, examining various aspects of its financial statements, including transactions, systems, ownership records, valuations, counterparties, and underlying evidence.