Regulation

KPMG Audit Reports Tether Gold Backed by $2.2 Billion in Physical Gold

November 12, 2026, 3:55 PM UTC (3 hours ago) · 1 source · Summarized by CryptoBipto

Tether Gold has received what the company describes as a clean audit from KPMG, one of the Big Four accounting firms. The audit reportedly confirms that Tether Gold tokens are backed by approximately $2.2 billion worth of physical gold reserves.

WHY IT MATTERS

When you buy a gold-backed crypto token, you are trusting that the company actually holds real gold somewhere to back it up — similar to how a gift card is only valuable if the store behind it actually honors it.

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SOURCES

decrypt.co

XAUTStablecoinsReserves TransparencyAuditingGold-Backed TokensTether

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