Tether Gold Gets Clean KPMG Audit Confirming $2.2B in Physical Gold Backing
Summary
Tether Gold has completed a comprehensive audit by accounting firm KPMG. The examination successfully verified that the stablecoin is fully backed by physical gold reserves valued in the billions.
KPMG counted every gold bar behind XAUT, making it Tether's second stablecoin to complete a full audit by a Big Four accounting firm.
Source: Read the full story at Decrypt
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