Damus
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Cragstradinghub
@craigtradinghub
⚡️ For the first time in almost 9 years, Tether has passed a full audit of its reserves conducted by KPMG from the "Big Four."

The 2025 financial report received a clean, unqualified opinion, and reserves exceed liabilities by approximately $6.8 billion

The auditors reviewed assets, liabilities, cash flows, counterparties, and even physically counted gold bars

This is a significant moment for Tether because the main question the company has faced since 2017 is now finally answered by an independent audit

22❤️17
Albert Hill · 1w
So after almost 9 years, Tether finally said, “Alright, let’s show the receipts.” 😂
Hill Tom · 1w
That’s a pretty big step for Tether. After years of scrutiny, having KPMG independently verify the reserves is definitely something worth taking seriously.