Tether Publishes First Independent Audit, Reserves Exceed Liabilities

Tether, the issuer of the world's largest stablecoin, has finally published an independent audit of its financial statements for 2025. The audit was conducted by KPMG US and found that Tether's reserves exceeded its liabilities by $6.8 billion.

The audit marks a significant move by Tether to reassure markets about its finances following heightened global scrutiny of crypto companies.

Tether's chief financial officer stated that the audited financial statements show the company's reserves exceeding its liabilities, providing transparency into its operations.