On the 12th, Tether, the leading stablecoin issuer, announced that KPMG, a U.S. audit firm, has completed the audit of the financial statements for 2025 of TG Commodities, the issuer of the gold-backed token Tether Gold (XAUT), and has issued an 'unqualified opinion.'
An unqualified opinion is an audit opinion that confirms the financial statements are fairly presented in all material respects in accordance with accounting standards, representing the highest evaluation. This time, there were no reservations or exceptions noted.
This audit...
