Coin Bureau
Coin Bureau|Aug 13, 2026 18:22
🚨BREAKING: Tether passes its FIRST ever audit, with KPMG confirming reserves beat liabilities by $6.8 BILLION. The Big Four firm issued an unqualified opinion on Tether's 2025 financials, the cleanest result an auditor can give. Under the audit: - The audit was completed under US GAAP and PCAOB standards, the same rules governing public company audits. - KPMG physically counted and inspected every individual gold bar Tether hold. - The full balance sheet was examined, covering the reserves backing $184 BILLION in USDT used by 650 MILLION people. - The opinion was issued with no reservations, exceptions, or caveats. Tether calls it the largest first ever audit in history, four years after Tether was fined $41 MILLION for misleading claims about its backing.(Coin Bureau)
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