Tether announced that KPMG issued an unqualified audit opinion on the financial statements of TG Commodities, the issuer of Tether Gold (XAUT), for the year ending Dec. 31, 2025. The opinion concerns that historical period; it does not guarantee future solvency or independently establish the issuer’s current gold holdings.
According to Tether, KPMG physically counted and inspected every gold bar backing XAUT. The audited statements listed 520,089.350 fine troy ounces of allocated gold, valued at about $2.246 billion, against 520,089.300 XAUT tokens outstanding as of Dec. 31, 2025.
