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.
Tether has finalized its full audit by KPMG, marking the first time by one of the Big Four auditing and accounting firms.
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.
the auditor gave a ‘clean’ opinion on its 2025 financial statements.
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.