📰 Tether Gold passes KPMG audit: $2.25 billion in gold verified
November 12, 2026 — Tether announced the completion of an independent audit of the financial statements of TG Commodities, the issuer of the gold-backed XAUT token. KPMG U.S. issued an unqualified opinion on the 2025 financial statements. According to the company, auditors physically inspected the gold bars in Swiss vaults.
As of December 31, 2025, reserves held 520,089.350 troy ounces of gold worth $2.246 billion, compared with 520,089.300 XAUT issued. Important: the audit confirms figures at the end of 2025, not the current reserve volume in November 2026.
Sources: Tether, The Block, November 12, 2026.
#TetherGold #Tokenization
November 12, 2026 — Tether announced the completion of an independent audit of the financial statements of TG Commodities, the issuer of the gold-backed XAUT token. KPMG U.S. issued an unqualified opinion on the 2025 financial statements. According to the company, auditors physically inspected the gold bars in Swiss vaults.
As of December 31, 2025, reserves held 520,089.350 troy ounces of gold worth $2.246 billion, compared with 520,089.300 XAUT issued. Important: the audit confirms figures at the end of 2025, not the current reserve volume in November 2026.
Sources: Tether, The Block, November 12, 2026.
#TetherGold #Tokenization