Tether Gold Gets Clean KPMG Audit Confirming $2.2B in Physical Gold Backing
According to reporting by Decrypt Financial Technology, KPMG counted every gold bar behind XAUT, making it Tether's second stablecoin to complete a full audit by a Big Four accounting firm.
Financial technology, consumer banking, and digital asset markets are assessing developments reported by Decrypt Financial Technology. Consumers and investors should review regulatory guidance and rate disclosures.
“Financial technology, consumer banking, and digital asset markets are assessing developments reported by Decrypt Financial Technology. Consumers and investors should review regulatory guidance and rate disclosures.”
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- •Official Issuing Wire: Decrypt Financial Technology
- •Editorial Desk: Digital Banking
- •Coverage Domain: FINTECH
- •Publication Status: Verified Journalistic Dispatch
Executive Briefing
According to reporting by Decrypt Financial Technology, KPMG counted every gold bar behind XAUT, making it Tether's second stablecoin to complete a full audit by a Big Four accounting firm.
Detailed Factual Report
Tether's gold-backed stablecoin , Tether Gold (XAUT), has completed its first full audit by KPMG, which found the token fully backed by physical gold, the company announced on Thursday.
KPMG issued an unqualified opinion on the financial statements of TG Commodities, which issues XAUT, for the year ended December 31, 2025. An unqualified, or "clean," opinion means the auditor found that the statements fairly present the company's financial position, without reservations.
Tether Gold (XAU₮) Becomes Tether’s Second Stablecoin to Complete a Big Four Audit Learn more: https://t.co/eO0asUwvlI
As of the end of 2025, TG Commodities held 520,089.350 troy ounces of allocated gold, valued at $2.246 billion, against 520,089.300 XAUT tokens in issue, according to Tether. The gold is held in vaults in Switzerland, and each token represents an ownership interest in gold on specific bars.
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Source & Verification Provenance
Information in this article was compiled directly from records provided by Decrypt Financial Technology. Access the primary source document at: https://decrypt.co/383137/tether-gold-gets-clean-kpmg-audit-confirming-2-2b-in-physical-gold-backing. Reporting and editorial review conducted by the USA NOW News Desk.
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Financial technology and digital asset platforms are aligning operations with regulatory directives issued by bodies including the SEC and CFPB, as reported by Decrypt Financial Technology.
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Consumers should ensure their banking and fintech providers interface with FDIC-insured or federally supervised depository institutions.
Official Government & Primary Citations
- Decrypt Financial Technology — https://decrypt.co/383137/tether-gold-gets-clean-kpmg-audit-confirming-2-2b-in-physical-gold-backing
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