Tether Gold gets first Big Four audit after five years of limited disclosures

Tether Gold gets first Big Four audit after five years of limited disclosures

Tether Gold (XAUT) has completed its first Big Four financial audit, with KPMG U.S. issuing an unqualified opinion on the gold-backed token’s 2025 financial statements more than five years after its launch. According to Tether’s November 12 announcement, the audit…

KPMG Counts Every Gold Bar as Tether’s XAUT Clears $2.24 Billion Audit

Tether announced Thursday, Nov. 12, that KPMG U.S. completed an independent financial audit of XAUT issuer TG Commodities, delivering an unqualified opinion on its 2025 financial statements after verifying more than $2.24 billion in physical gold reserves. Tether’s latest announcement marks another...

KPMG Counts Every Gold Bar as Tether's XAUT Clears $2.24 Billion Audit

Tether announced Thursday, Nov. 12, that KPMG U.S. completed an independent financial audit of XAUT issuer TG Commodities, delivering an unqualified opinion on its 2025 financial statements after verifying more than $2.24 billion in physical gold reserves. Tether’s latest announcement marks another accounting milestone for the stablecoin heavyweight, with KPMG issuing an unqualified opinion on […]

Tether Gold Audit: KPMG Counts Every Bar

Tether's gold token now carries a Big Four opinion on its 2025 statements, but the audited backing is nine months and 307,000 ounces behind today's supply.

Tether Gold Completes KPMG Big Four Audit With Unqualified Opinion

TL;DR KPMG issued an unqualified audit opinion on TG Commodities’ 2025 financial statements, making XAU₮ Tether’s second stablecoin to complete a Big Four audit. The auditor counted and inspected every gold bar backing XAU₮, verifying 520,089.350 fine troy ounces against 520,089.300 tokens in issue. Tether says gold is stored in Switzerland under London Good Delivery ...

Tether Gold Gets Clean KPMG Audit Confirming $2.2B in Physical Gold Backing

KPMG counted every gold bar behind XAUT, making it Tether's second stablecoin to complete a full audit by a Big Four accounting firm.