Tether Gold Completes Audit by Big Four Firm, with Gold Reserves Valued at $2.246 Billion

Odaily reports: TG Commodities announced that KPMG US has completed its independent audit of the 2025 annual financial statements and issued an unqualified audit opinion. The audit confirmed that, as of December 31, 2025, XAU₮ is backed by fully allocated physical gold.

During the audit period, KPMG conducted a physical count and inspection of each gold bar backing XAU₮. As of the audit date, TG Commodities held 520,089.350 troy ounces of allocated gold, valued at $2.246 billion; the XAU₮ circulating supply was 520,089.300 tokens.

The gold is stored in Swiss vaults, complies with London Good Delivery standards, and is owned by XAU₮ holders, with each token corresponding to undivided ownership of specified gold bars. In addition to the annual audit, management has also commissioned an independent third party to conduct quarterly spot checks on a portion of the gold bars. (Tether News)