INDBInternet News Database 2.5 Updated just now · 292 sources Show or hide images Light or dark

"Counted Every Single Bar": Tether Gold Gets Clean KPMG Audit Confirming $2.2B In Physical Gold

Save Like Comments Compare coverage
Image from Zero Hedge

Summary

"Counted Every Single Bar": Tether Gold Gets Clean KPMG Audit Confirming $2.2B In Physical Gold Via Decrypt , 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…

Description from Zero Hedge.

Who is covering this

  1. Zero Hedge Right Factuality: Low US
    "Counted Every Single Bar": Tether Gold Gets Clean KPMG Audit Confirming $2.2B In Physical Gold

    "Counted Every Single Bar": Tether Gold Gets Clean KPMG Audit Confirming $2.2B In Physical Gold Via Decrypt , 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...

    Low reliability sourceElevated risk

Comments

Comments need JavaScript.