Tether Gold (XAU₮) has acquired an unqualified audit opinion from KPMG USA.
In a publish on the Tether web site, the corporate mentioned that audited statements point out that XAU₮ is totally backed by allotted bodily gold.
Tether states that as a part of the audit, KPMG bodily counted and inspected each particular person gold bar backing XAU₮, relatively than relying solely on custodian confirmations.
As of December 31, 2025, Tether Gold reportedly held 520,089.350 positive troy ounces of allotted gold, valued at $2.246 billion, in opposition to 520,089.300 XAU₮ in difficulty.
Tether CEO Paolo Ardoino famous that is the second audit accomplished of two of their stablecoins.
“I firmly consider XAU₮ is on observe to grow to be the primary true competitor to the gold ETF market, bringing extra utility to the tip person, from gold that may truly transfer and settle on the velocity of sunshine, to decrease custody prices and better transparency due to the blockchain know-how. Tether proved its extraordinarily scalable mannequin with USD₮; now it’s time to develop it to gold.”
Ardoino referred to as gold the final word retailer of worth, defending holders from inflation.
“XAU₮ brings that safety on-chain for anybody, wherever. Each holder, from particular person savers to establishments holding it as a reserve asset, deserves to know precisely what they personal. Simply as with USD₮, the proof behind XAU₮ is now not only a Tether promise. It’s a signed opinion from a Large 4 auditor.”
Earlier this month, Tether shared that buyer holdings of XAU₮ had grown 73% for the reason that begin of the yr.
The gold reserves are held in Switzerland, and issuance is regulated underneath El Salvador’s Digital Asset Issuance Legislation
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