XAUT

Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT

Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether’s gold-backed token XAUT has increased significantly during the first quarter of 2025, the company’s official attestation published on April 28 stated. Every token is equivalent to one troy ounce of physical gold, and the current supply is backed by nearly eight […]

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Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets

Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets

Tether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total backing amounts to 246,523.33 ounces, equivalent to more than 7.7 tons of gold. According to an April 28 statement, XAUT is priced at $3,123.57 per token and has a total market capitalization of $770 million. The token reached an all-time

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