Jacquelyn Melinek: KPMG completes audit of Tether Gold for 2025

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12.11.2026

Jacquelyn Melinek: KPMG completes audit of Tether Gold for 2025 — KPMG completes Tether Gold 2025 audit

KPMG has completed a full audit of Tether Gold, the tokenized gold product XAUT, as of December 31, 2025. The issuer held 520,089 fine troy ounces of gold valued at $2.246 billion, matching the 520,089 XAUT tokens in circulation. The gold reserves are stored in vaults in Switzerland and, according to Tether, KPMG physically inspected the assets.

Jacquelyn Melinek reported the details of the audit and Tether's disclosure.

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Melinek has previously reported on major developments in digital asset infrastructure. Visa’s launch of USDC-based global payouts introduced stablecoin settlement to its payments network. She also covered how 22 companies opted out of OKXICE’s tokenization initiative for company stocks.

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