KPMG Confirms Tether’s $6.8 Billion Surplus in Landmark Financial Audit
Tether has cleared a hurdle that critics said would never happen: a full, independent financial audit of its books. The company announced on August 13, 2026, that KPMG U.S. completed a comprehensive audit of Tether International, S.A. de C.V.’s financial statements for the year ended December 31, 2025, and the results came back clean. For an industry built on trust but often short on outside verification, this Tether financial audit marks a genuine turning point.
Key takeaways
- Tether completed its first-ever full independent financial audit for fiscal year 2025, conducted by KPMG U.S.
- KPMG issued an unqualified audit opinion, the most favorable outcome an auditor can give.
- Audited reserves exceeded liabilities by $6.814 billion as of December 31, 2025.
- The audit reviewed transactions, systems, ownership records, valuations, and counterparties behind Tether’s financials.
- Tether says more than 650 million users across emerging markets rely on USD₮ daily.
Tether Completes Historic Independent Audit for 2025
This is being described as the largest inaugural financial audit ever completed by a single company, and it didn’t happen by accident. Tether says the process was conducted under applicable professional standards and represents one of the most significant milestones in the company’s history. Rather than a routine check, the engagement covered the full scope of the company’s financial statements rather than a narrow slice of its reserves.
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