KPMG Counts Every Gold Bar as Tether’s XAUT Clears $2.24 Billion Audit
Tether announced Thursday, Nov. 12, that KPMG U.S. completed an independent financial audit of XAUT issuer TG Commodities, delivering an unqualified opinion on its 2025 financial statements after verifying more than $2.24 billion in physical gold reserves. Tether’s latest announcement marks another accounting milestone for the stablecoin heavyweight, with KPMG issuing an unqualified opinion on […]
Key Takeaways
- Tether announced Thursday, Nov.
- completed an independent financial audit of XAUT issuer TG Commodities, delivering an unqualified opinion on its 2025 financial statements after verifying more than $2.24 billion in physical gold reserves.
- Tether’s latest announcement marks another accounting milestone for the stablecoin heavyweight, with KPMG issuing an unqualified opinion on […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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