Tether Gold Gets Clean KPMG Audit Confirming $2.2B in Physical Gold Backing

Bullish-1.64%
12 Nov, 15:55
Source: Decrypt

AI Summary

Tether Gold (XAUT) receives a clean KPMG audit verifying $2.2B in physical gold reserves, reinforcing trust in its tokenized gold backing.

KPMG counted every gold bar behind XAUT, making it Tether's second stablecoin to complete a full audit by a Big Four accounting firm.