⚡ Tether makes significant progress with its first comprehensive review of its portfolio by the well-known firm KPMG.
💰 The financial review of Tether was conducted by KPMG, one of the leading "Big Four" audit firms.
📈 It is worth noting that Tether had promised to conduct a thorough review since at least 2017, and had only been publishing periodic assurances about its portfolio from its provider, which provided limited controls at specific dates rather than a full audit.
🔥 The review carried out by KPMG revealed the following points:
💎 It was announced that Tether’s 2025 financial data complies with financial standards without any reservations, meaning the audit was "clean" and without any issues.
📊 The results show that Tether’s reserves exceed its liabilities by an amount of approximately USD 6.814 billion.
📁 KPMG examined the assets and liabilities, income and expenses, cash flows, documents, and relevant parties.
💎 In addition, the presence of Tether’s actual gold holdings was recalculated and confirmed, with everything approved.
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