CoinDeskCoinDesk reports that Tether says KPMG U.S. completed a full financial audit of the company behind USDT, including examination of the reserves supporting roughly $180 billion in tokens and physical verification of gold holdings. The report describes this as Tether's first full audit after years of narrower attestations.
USDT supply cited by CoinDesk
Watch whether follow-up sources disclose commercial launch, participating institutions, transaction limits, and measured settlement outcomes. Also confirm the regulatory setup for the stablecoin, custody, and fiat on/off ramps.
tether-usdt-says-it-completed-long-promised-audit-from-659a8f8fThe page already presents the summary and analysis. This section keeps only the copy, download, and technical source record without repeating the same reading view.
# Tether says KPMG completed its first full financial audit > Evidence tier: B1 > Evidence type: Independent digital-asset media report on Tether's first stated full financial audit > Source: [CoinDesk](https://www.coindesk.com/business/2026/08/13/tether-says-it-completed-long-promised-big-four-audit-of-finances-behind-usd180-billion-usdt-stablecoin) > Published: 2026-08-13 > Captured: 2026-08-13T18:27:55.644Z ## Source summary CoinDesk reports that Tether says KPMG U.S. completed a full financial audit of the company behind USDT, including examination of the reserves supporting roughly $180 billion in tokens and physical verification of gold holdings. The report describes this as Tether's first full audit after years of narrower attestations. ## Why it matters USDT is widely used as a settlement and dollar-liquidity instrument across borders, so the scope and independence of reserve verification directly affect counterparty confidence. Completion of an audit improves the evidence available, but CoinDesk reports Tether's statement; users still need the published audit opinion, scope, date and any qualifications before treating every reserve or control claim as independently established. ## Key numbers - **USDT supply cited by CoinDesk:** about $180 billion ## Topics and entities - Industry lane: Web3 & stablecoin payments - Entities: Tether / KPMG U.S. - Web3 payments - Cross-border payments - Payment infrastructure ## Evidence and credibility note Independent CoinDesk report on Tether's announcement. Audit completion and headline scope are reported; the final opinion, detailed scope and qualifications should be checked in the published audit before relying on reserve or control conclusions. Date evidence: Automatically verified from JSON-LD datePublished: 2026-08-13T18:26:21.897Z ## First-party corroboration No directly corresponding A1 company announcement is currently linked. ## Original-source traceback [Open the original CoinDesk report](https://www.coindesk.com/business/2026/08/13/tether-says-it-completed-long-promised-big-four-audit-of-finances-behind-usd180-billion-usdt-stablecoin) --- This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.