XAUT Reserve Attestation

TG Commodities (Tether Gold) - 2025-03-31

Engagement Details

Asset Class

Commodity-Backed Tokens

Period Type

Quarterly

Engagement Type

ISAE 3000 (Reasonable)

Standard

ISAE 3000 (Revised)

Opinion

Unmodified

Practitioner

BDO Italia S.p.A.

Assertion Party

Management of TG Commodities, S.A. de C.V.

Reserve Summary

Total Reserves

$770,040,000

Circulating Supply

$246,524

Coverage Ratio

312358.62%

Custodians

Not disclosed in report.

Scope Notes

Q1 2025 BDO assurance on the Tether Gold Reserves Report: 246,524.33 fine troy ounces (about 7.7 tons) backing 246,524.33 XAUT. USD value is the approximate market value stated in coverage ($3,123.5/oz). First quarterly XAUT attestation under the El Salvador regime.

GENIUS Act Disclosure Checklist

Factual observations only. See methodology.

• ✗Monthly disclosure published
• ✗Examination-level engagement
• ✗Practitioner PCAOB-registered
• ✗Composition by category disclosed

Source

Primary source PDF ↗

Source quality: Secondary Source

How to Cite

Reserve Attestation Registry. "XAUT Reserve Attestation - 2025-03-31." https://grantstell.com/attestations/tg-xaut-2025-q1 (retrieved 2026-08-06).