KPMG Verifies Tether's Gold Reserves in Historic Audit

Tether, the issuer of USDT, has completed its largest inaugural financial audit after KPMG physically counted and inspected every individual gold bar in its reserves. This comprehensive review verifies the existence and serial data of each gold bar, eliminating any reliance on custodian reports.

The audit, conducted by KPMG, is a significant milestone for Tether as it sets a new benchmark for reserve backing in the industry. Few institutions or governments match this level of transparency and verification.

Tether's reserves are now fully verified without any reliance on custodian reports, giving users confidence in the stability and security of USDT.