Tether announced that KPMG U.S. has completed an independent audit of the 2025 financial statements of TG Commodities, S.A. de C.V., the issuer of Tether Gold (XAU₮), issuing an unqualified audit opinion. During the audit, KPMG physically counted and inspected every individual gold bar held in Swiss vaults rather than relying solely on custodian confirmations, verifying 520,089.350 fine troy ounces of allocated physical gold valued at $2.246 billion against 520,089.300 XAU₮ in circulation as of December 31, 2025. XAU₮ becomes Tether’s second stablecoin to receive an unqualified Big Four audit opinion, following KPMG’s audit of USD₮ issuer Tether International announced in August 2026.
Discover more from Coin Gazette
Subscribe to get the latest posts sent to your email.
