Cryptocurrency

Four

Opinion

would

<p><strong>Tether says it has completed its first full financial audit, with Big Four accounting firm KPMG issuing an unqualified opinion on the results. The stablecoin issuer framed the milestone as the largest inaugural financial audit in history, marking a significant step in its long-running push toward greater transparency.</strong></p><h2 id="what-tether-announced-about-its-first-full-audit">What Tether announced about its first full audit</h2><p>Tether stated that it has completed its first full financial audit, describing it as <a href="https://tether.io/news/tether-completes-the-largest-inaugural-financial-audit-in-history/" rel="noopener noreferrer nofollow">the largest inaugural financial audit in history</a>. The announcement positions the completed audit as a landmark event for the company. For related coverage, see <a href="https://www.theccpress.com/hyundai-card-stablecoin-cross-border-intercompany-payment-test/" rel="noopener noreferrer nofollow">Hyundai Card Completes First Stablecoin-Based Cross-Border Intercompany Payment Test</a>.</p><p>The audit follows Tether’s earlier move to engage a Big Four firm for the work, a step the company said would <a href="https://tether.io/news/tether-signs-big-four-firm-to-complete-first-full-audit-setting-a-new-quality-standard-for-the-digital-asset-economy/" rel="noopener noreferrer nofollow">set a new quality standard for the digital asset economy</a>. The completion delivers on that previously stated commitment. For related coverage, see <a href="https://www.theccpress.com/tether-q2-excess-reserves-fell-more-than-4-billion/" rel="noopener noreferrer nofollow">Tether Q2 Excess Reserves Fall Over $4B to $4.11B</a>.</p><p>The development builds on Tether’s <a href="https://www.theccpress.com/tether-completes-inaugural-financial-audit/" rel="noopener noreferrer nofollow">inaugural financial audit</a>, and the accompanying <a href="https://www.theccpress.com/tether-kpmg-2025-financial-statements/" rel="noopener noreferrer nofollow">KPMG sign-off on its 2025 financial statements</a>.</p><h2 id="what-an-unqualified-opinion-from-kpmg-means">What an unqualified opinion from KPMG means</h2><p>According to Tether, KPMG issued an unqualified opinion in connection with the audit. In accounting terms, an unqualified opinion, sometimes called a clean opinion, indicates the auditor found the financial statements to be presented fairly and in accordance with the applicable reporting framework.</p><p>An unqualified opinion is the audit conclusion itself, not a broader endorsement of a company’s business or its assets beyond what the reviewed statements cover. Readers should treat it as the auditor’s assessment of the financial statements rather than a guarantee of future performance.</p><h2 id="why-the-audit-milestone-matters">Why the audit milestone matters</h2><p>Tether has faced years of scrutiny over the reserves backing USDT, and a completed full audit paired with a clean opinion speaks directly to questions about transparency and credibility. <a href="https://www.coindesk.com/business/2026/08/13/tether-says-it-completed-long-promised-big-four-audit-of-finances-behind-usd180-billion-usdt-stablecoin" rel="noopener noreferrer nofollow">CoinDesk reported</a> that the audit covers the finances behind the roughly $180 billion USDT stablecoin.</p><p>The milestone arrives as Tether continues to expand across products, including recent moves such as <a href="https://www.theccpress.com/tether-gold-receives-shariah-certification/" rel="noopener noreferrer nofollow">Shariah certification for its gold-backed token</a>. For readers following stablecoins, a first full audit from a Big Four firm is a meaningful data point in assessing issuer disclosure practices.</p><p style="font-size:13px;color:#888;border-top:1px solid #333;padding-top:12px;margin-top:30px;">Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.</p><p>The article <a href="https://www.theccpress.com/?p=47250" rel="noopener noreferrer nofollow">Tether Completes First Full Audit as KPMG Issues Unqualified Opinion</a> first featured on <a href="https://theccpress.com/" rel="noopener noreferrer nofollow">theccpress.com</a>.</p>

Tether Completes First Full Audit as KPMG Issues Unqualified Opinion

Table of Contents

Cryptocurrency Press

Other articles published on Aug 14, 2026

Tether Secures First Full Audit As KPMG Issues Unqualified 2025 Opinion

Attackers rent verified Google ad accounts to hide Hyperliquid clones behind nested iframes

What is RippleX & Why Does it Matter for XRP Ledger?

Why Did Japan Put Shiba Inu on the Same List as Bitcoin and Ethereum?

What Is Avalanche Helicon?

iPhone 18 Pro Will Be Apple's Cheapest Model At A Possible $1,199 Price

Join our free newsletter for daily crypto updates!