Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin

CryptoInfo Editorial Team · Published on August 13, 2026 at 18:26 · Updated on August 13, 2026 · 1 min read

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Key Takeaways

→Tether has completed a financial audit of its USDT stablecoin finances by KPMG U.S.
→The audit included an examination of Tether's books and a count of its gold bars.
→The audit was conducted by KPMG U.S., one of the 'Big Four' accounting firms.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Tether, the issuer of the $180 billion USDT stablecoin, has announced that it has completed its long-promised financial audit. According to the company, KPMG U.S., one of the 'Big Four' accounting firms, has examined Tether's books and even counted its gold bars as part of the audit.

This audit is a significant development for Tether, as it provides an independent review of the company's finances. The audit was conducted by KPMG U.S., a reputable accounting firm, adding credibility to the process.

This news is based on reporting from CoinDesk. The completion of the audit may help to increase transparency and trust in the USDT stablecoin.

Source: CoinDesk ↗

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