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Policy

Tether-KPMG Audit: Engaged or Already Completed?

Coinfomania and AMBCrypto disagree on whether Tether's KPMG audit is still underway or has already concluded with results. Coinfomania and AMBCrypto disagree on whether Tether's KPMG audit is

AnonymousCryptoCompass newsroom
August 16, 2026
2 min read
NEWS
Tether-KPMG Audit: Engaged or Already Completed?
CryptoCompass editorial visual for policy coverage.

Coinfomania and AMBCrypto disagree on whether Tether's KPMG audit is still underway or has already concluded with results.

Coinfomania and AMBCrypto disagree on whether Tether's KPMG audit is still underway or has already concluded with results.

What all sources agree on

  • Tether has involved KPMG in connection with a full audit of its reserves.
  • The audit concerns Tether's USDT stablecoin reserves and financial practices.
  • Tether has faced ongoing scrutiny and trust questions regarding its reserves.

Where the reports disagree

1Whether the audit is newly engaged or already finalized

Tether has secured a full audit from KPMG, a significant step aimed at enhancing transparency amid ongoing trust questions surrounding its $185 billion USDT reserves.

Coinfomania 2026-08-14 17:30

Tether has finalized its full audit by KPMG, marking the first time by one of the Big Four auditing and accounting firms.

AMBCrypto 2026-08-14 21:00

What would settle it: Tether's official statement or the published KPMG audit report.

2Whether audit results are pending or already delivered

This stagnant trading activity reflects the cautious sentiment prevalent among traders as they await the outcomes of the ongoing audit.

Coinfomania 2026-08-14 17:30

the auditor gave a ‘clean’ opinion on its 2025 financial statements.

AMBCrypto 2026-08-14 21:00

What would settle it: KPMG's published audit opinion or Tether's official disclosure of the audit outcome.

What to make of it

Treat KPMG's involvement with Tether's reserves as established, but do not assume whether an audit opinion has actually been issued until Tether or KPMG publishes the audit report directly.

Treat KPMG's involvement with Tether's reserves as established, but do not assume whether an audit opinion has actually been issued until Tether or KPMG publishes the audit report directly.

Update 16 Aug 2026, 16:31 UTC · added by NFTevening

NFTevening reports Tether itself confirmed on August 13 that KPMG U.S. has finished the audit of its 2025 financial statements and issued an unqualified opinion, resolving the earlier ambiguity over the audit’s status.

Originally reported by AltcoinGordon, written by Olivia Hayes. Republished with permission.

View the original on AltcoinGordon →

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