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KPMG confirms Tether Gold fully backed by physical gold with clean 2025 audit.

Protocol Fundamentals
12 Nov 2026, 15:24 WIB
Crypto Briefing
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Bullish
KPMG confirms Tether Gold fully backed by physical gold with clean 2025 audit.

KPMG U.S. issued a clean, unqualified audit opinion on TG Commodities' 2025 financial statements, verifying that Tether Gold (XAU₮) tokens are fully backed by allocated physical gold. The audit included a physical count of every gold bar held in certified Swiss vaults, confirming reserves of about 520,089 ounces valued at $2.246 billion as of December 31, 2025. This is significant as it provides strong assurance to investors about the token's backing, a rare level of transparency in crypto assets. While reserves grew to over 827,000 ounces by Q3 2026, this increase is outside the audited period and will rely on quarterly attestations until the next full audit.

Tether Gold's recent audit confirms $2.246 billion in physical gold backing as of December 31, 2025. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 12, 2026 20:32 WIB: out of 50 priced assets, 6 rose and 43 fell. Notable movers include SXP at Rp37 with a -46.27% change, BAL at Rp16.297 with +11.14%, and AAVE at Rp2.024.701 with a -9.54% change and 64% buy order activity.

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