Tether Gold (XAU₮) completes Big Four review with unqualified opinion from KPMG.
Tether announced that KPMG USA completed an independent audit of the 2025 financial statements of TG Commodities, S.A. de C.V., the issuer of Tether Gold (XAU₮), and issued an unqualified audit opinion. During the audit, KPMG counted and physically checked every single gold bar held in vaults in Switzerland rather than relying solely on custodian approvals, and verified 520,089.350 troy ounces in order of physical gold allocated with a value of $2.246 billion compared to 520,089.300 ₮ on December 31 in the December 31, 300 cycle. XAU₮ becomes the second Tethers stablecoin to receive an unqualified opinion from the Big Four auditors, following KPMG's audit of USD₮ issuer Tether International announced in August 2026.