Tether Gold: KPMG Completes Big Four Audit
Tether Gold completed a Big Four audit by KPMG, which physically counted every gold bar in Swiss vaults and confirmed $2.25B in reserves with a clean opinion, as announced by Paolo Ardoino.
SourceAnalysis
Tether Gold $XAUT has become Tether's second stablecoin to finish a Big Four audit. KPMG physically counted every gold bar in Swiss vaults and issued a clean opinion on the $2.25B reserves.
XAUT trades at $3878.1 inside its Bollinger bands, well below the EMA50 at $4010.98 and EMA200 at $4057.91. The MACD death cross at -43.76 keeps the structure bearish while RSI at 24.82 shows oversold momentum near the lower band support at $3854.25.
Paolo Ardoino
@paoloardoinoPaolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,