Tether Gold Completes KPMG Big Four Audit With Unqualified Opinion

TL;DR KPMG issued an unqualified audit opinion on TG Commodities’ 2025 financial statements, making XAU₮ Tether’s second stablecoin to complete a Big Four audit. The auditor counted and inspected every gold bar backing XAU₮, verifying 520,089.350 fine troy ounces against 520,089.300 tokens in issue. Tether says gold is stored in Switzerland under London Good Delivery standards, while claims that XAU₮ could rival gold ETFs remain its forward-looking assessment. Tether Gold (XAU₮) has become the second Tether-issued stablecoin to complete a Big Four audit after KPMG examined the 2025 financial statements of issuer TG Commodities, S.A. de C.V. According to Tether’s official announcement , KPMG issued an unqualified opinion, concluding that the statements fairly presented the company’s financial position under U.S. GAAP.

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