Tether has completed its first independent full-year financial audit for 2025, conducted by KPMG U.S., which issued an unqualified opinion confirming a $6.814 billion reserve surplus. The audit reviewed Tether's entire financial position, including assets, liabilities, transactions, and physical gold holdings, under U.S. GAAP standards. This comprehensive audit goes beyond previous quarterly attestations, providing greater transparency and confidence in Tether's reserves amid evolving U.S. stablecoin regulations. Tether continues to adjust its asset mix and aims to comply with new federal stablecoin laws while expanding its user base globally.
KPMG completed its first full audit of Tether's 2025 financial statements, confirming reserves exceeded liabilities by $6.814 billion at year-end 2025. However, Tether's more recent Q2 2026 report shows the surplus has shrunk to $4.11 billion. This a...
Bolivian fintech Peso has partnered with Yango Food to allow users to pay for food delivery using USDT, a dollar-pegged stablecoin. This integration helps address Bolivia's dollar liquidity issues by enabling digital dollar transactions without requi...
Cryptocurrency market prices show a general downward trend with Bitcoin trading at $62,805, down 1.2%. Ethereum and Binance Coin also saw slight declines. Notably, UNI token dropped sharply by 10.8%, and BEAT fell by 32%. Some tokens like ATOM and VV...
The UK's Financial Conduct Authority (FCA) and crypto exchange HTX are reportedly in settlement discussions regarding HTX's illegal crypto promotions in the UK. This marks a significant step in the FCA's enforcement against unauthorized crypto market...
Tether has released nearly 80 new educational lessons for its open-source local AI platform, QVAC, which supports offline AI model execution across multiple operating systems. The update includes runnable code samples and introduces a music generatio...
