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Tether says it completed long promised 'Big Four' audit of finances behind $180 billion USDT stablecoin

ORIGINAL REPORTOPEN COINDESK REPORT ↗
NEWSROOM CONFIDENCE25/100
OUTLETS REPORTING1
ADDITIONAL CONFIRMATIONS0
OFFICIAL OR TRUSTED SOURCES0
30 SECOND READWHAT YOU NEED TO KNOW

KPMG U.S. examined Tether's books and even counted its gold bars as the $180 billion USDT issuer said it completed its long promised financial NEWSROOM has not yet found an additional independently operated outlet reporting the same central facts.

01WHY THIS MATTERS

The report matters because it describes a change in the decisions, costs or risks facing the people and organisations involved. The original evidence determines who is affected, when the effect begins and whether the consequence is material.

02WHAT WE CAN CONFIRM

Status: unverified. One news outlet reports this claim. NEWSROOM found no separate news outlet confirming it.

03WHAT IS DISPUTED

No disagreement is confirmed. Only one news outlet reports the claim, so there is no second account to compare with it.

04WHAT TO CHECK NEXT

Confirm the report with an original document, a named statement from the responsible organisation and a second independent news outlet. Dates, figures and actions must match across those records before the claim is treated as established.

05

People and organisations

TetherBig Four'USDT
06 · RELATED NEWS

The wider digital asset picture

NEWSROOM SYNTHESIS

The reports cover different aspects of digital assets: Tether's audit of its stablecoin reserves, a view that high Treasury yields may limit bitcoin's appeal, a newsletter for advisors, and Kalshi's fundraising talks. The shared direction is ongoing institutional and financial integration, while the key difference is Tether's focus on transparency versus market valuation concerns.

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Kalshi in talks with Sequoia, Wellington for $750 million fund raise at $40 billion valuation

The prediction market platform raised $1 billion at a $22 billion valuation in May and is now discussing a new round that could nearly double that figure.

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07 · EVIDENCE CHECK

What the reporting supports.

This page shows how many separate outlets support each claim. NEWSROOM keeps its private source analysis and scoring methods protected.

01
CORE

Tether says it completed long promised 'Big Four' audit of finances behind $180 billion USDT stablecoin

1 reports · 0 additional independent outlets · 0 official or trusted sources

25%
02
CORROBORATION

The event is reported by 1 independent origin.

1 reports · 0 additional independent outlets · 0 official or trusted sources

55%