Tether announced Thursday that Big Four accounting firm KPMG issued an unqualified audit opinion on the 2025 financial statements of Tether International, the company behind the world’s large
Tether announced Thursday that Big Four accounting firm KPMG issued an unqualified audit opinion on the 2025 financial statements of Tether International, the company behind the world’s largest stablecoin, USDT. An unqualified opinion is the best possible outcome, meaning auditors found no material problems with how the financial statements were prepared.
Tether described the review as the ‘largest inaugural financial audit in history,’ stating that KPMG scrutinised the company’s assets, liabilities, income, cash flows, internal systems, records, counterparties, and supporting documentation. The firm also went beyond standard checks in at least one area.
