Tether completed its first full independent financial audit, with KPMG issuing a clean opinion on the stablecoin issuer’s 2025 financial statements.

Tether said KPMG gave its 2025 financial statements a clean opinion, a milestone for the company after years of questions about its reserves.

Tether completed its first full audit, with KPMG issuing an unqualified opinion and reserves exceeding liabilities by $6.814 billion.