According to KPMG U.S., Tether Gold (XAU₮) completed an independent financial audit for the year ended December 31, 2025, receiving an unqualified audit opinion—the highest level of assurance an independent auditor can provide.
As of December 31, 2025, XAU₮ was fully backed by 520,089.350 fine troy ounces of allocated physical gold valued at approximately $2.246 billion. KPMG physically inspected and verified the gold bars, each meeting London Good Delivery standards and held in Swiss vaults. XAU₮ is the second stablecoin in the Tether ecosystem to achieve independent financial scrutiny, following USD₮.