🚨 $XAUT (Tether Gold) receives Shariah compliance certification from Amanah Advisors, expanding direct access for Islamic financial institutions and investors seeking physical gold exposure fully compliant with Islamic finance principles.
The audit confirmed that XAUt meets all core criteria: 100% physical gold backing stored in Swiss vaults (1 XAUt = 1 troy ounce), zero interest (Riba) or leverage, and transparently reported reserves. The designation grants Tether a clear path to scale its tokenized gold product across the Gulf Cooperation Council (GCC), South Asia, and Africa, tapping into a global Islamic finance sector valued at over $3 trillion.
📊 Asset Metrics & Growth:
🟢 Onchain Growth: Onchain asset valuation surged from ~$700 million in July 2025 to over $2.5 billion.
🟢 Verified Backing: Reserve reports verify over 707,000 troy ounces of physical gold in custody, valued at over $3.3 billion.
Do you think Shariah-compliant certifications for tokenized real-world assets (RWA) like gold will boost institutional adoption across Middle Eastern markets? 👇
$XAUT #Tether #RWA #Gold #BinanceSquare #CryptoNews
The audit confirmed that XAUt meets all core criteria: 100% physical gold backing stored in Swiss vaults (1 XAUt = 1 troy ounce), zero interest (Riba) or leverage, and transparently reported reserves. The designation grants Tether a clear path to scale its tokenized gold product across the Gulf Cooperation Council (GCC), South Asia, and Africa, tapping into a global Islamic finance sector valued at over $3 trillion.
📊 Asset Metrics & Growth:
🟢 Onchain Growth: Onchain asset valuation surged from ~$700 million in July 2025 to over $2.5 billion.
🟢 Verified Backing: Reserve reports verify over 707,000 troy ounces of physical gold in custody, valued at over $3.3 billion.
Do you think Shariah-compliant certifications for tokenized real-world assets (RWA) like gold will boost institutional adoption across Middle Eastern markets? 👇
$XAUT #Tether #RWA #Gold #BinanceSquare #CryptoNews