Tag: USDT
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Tether’s First Full Audit Was Clean. The Buffer It Verified Already Fell 50%
Tether got its first full financial-statement audit on August 13, and the opinion was clean. KPMG U.S. found no exceptions in Tether International’s 2025 books. But the $6.8 billion reserve cushion that audit verified had already swung twice by the…
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Tether Q2 Earnings: Profit Up, Reserve Buffer Cut in Half
Tether’s Q2 2026 earnings landed on July 31 with two numbers that pull in opposite directions. Net operating profit came in at $1.5 billion. At the same time, the excess reserve buffer backing every USDT in circulation was cut roughly…