Stablecoin giant Tether says KPMG has signed off on its 2025 accounts with a clean opinion — a first for the El Salvador-based issuer. Tether bills it as the largest inaugural audit in history, yet stopped short of publishing the financial statements themselves. ...

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.