KPMG U.S. has issued an unqualified opinion on Tether’s 2025 financial statements, the first full audit in the stablecoin issuer’s history.
The audited accounts show reserves exceeding liabilities by $6.814 billion as of Dec. 31, 2025. Tether’s own...
Tether earned roughly $1.5 billion in the second quarter, yet the cushion protecting Tether (USDT) holders shrank by half. Excess reserves closed June at $4.11 billion, down from a record $8.23 billion.
The stablecoin issuer published its Q2 2026...
Circle Internet Group (CRCL) reported a 263% surge in USD Coin (USDC) on-chain transaction volume to $21.5 trillion in Q1 2026, while net income from continuing operations fell 15% to $55 million.
The drop in reported profit largely reflects...
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Tether reported record excess reserves of $8.23 billion in Q1 2026, according to its latest attestation prepared by BDO. The company...
Tether reported $1.04 billion in net profit for the first quarter of 2026 and lifted its reserve buffer to a record $8.23 billion, even as global markets churned through fresh volatility.
The figures come from a quarterly attestation by accounting...
The post Tether Picks KPMG for USDT Audit appeared first on Coinpedia Fintech News
Tether has confirmed that KPMG will audit its $185 billion USDT reserves, ending speculation about the unnamed “Big Four” firm. The audit will go beyond BDO Italia’s...
The Financial Times reported that KPMG, a Big Four firm, is the one Tether engaged for its first-ever full independent financial statement audit.
The stablecoin issuer announced the engagement on March 24 without naming the firm. PwC has also been...
Circle Internet Group (CRCL) dropped 20% on March 24 after the Clarity Act’s draft language banned passive stablecoin yield, erasing an estimated $4.6 billion in market value.
The sell-off hit as three forces converged on Circle simultaneously. A...
The post Tether Reports $10B Profit in 2025 as USDT Supply Hits Record $186B appeared first on Coinpedia Fintech News
Tether, the issuer of the world’s largest stablecoin USDT, reported more than $10 billion in net profit for 2025, highlighting...
An independent investigation commissioned by Input Output found no evidence to support accusations of fraud or misconduct in Cardano’s decade-old ADA Voucher Program, according to a forensic report released on. The review, conducted jointly by law...
