Tether says KPMG issued 'clean' opinion in first full audit of USDT issuer's financials

What happened

KPMG issued an unqualified (clean) audit opinion on Tether International’s full 2025 financial statements, confirming they meet standard accounting requirements.

Confirmed

Global impact / market context

A clean audit reassures users that USDT’s reserves are properly accounted for, reducing concerns about its stability and potentially encouraging wider adoption in DeFi platforms.

Analyst inference

The audit confirms that USDT’s financial statements have been reviewed and found accurate, which can reassure investors and regulators that the stablecoin’s backing aligns with its published disclosures.

Confirmed

What to watch

1. Watch for any regulatory inquiries that may arise if auditors highlight any discrepancies in future USDT reporting. Analyst inference
2. Monitor how the clean audit influences other stablecoin issuers’ decisions to seek similar third‑party validation. Analyst inference
3. Track the impact on USDT’s market share and investor confidence as the audit result is incorporated into trading strategies. Analyst inference

Affected assets

• USDT — Tether
• DEFI — DeFi

Evidence

• theblock.co