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📢 Tether Confirms Gold-Backed XAUT Reserves Totaling 7.7 Tonnes

Tether has officially verified that its gold-backed stablecoin, XAUT, is fully collateralized by 7.7 tonnes of physical gold, corresponding to a market cap of $770 million as of Q1 2025.

🔐 Each XAUT token is backed by 1 troy ounce of gold stored in secure vaults in Switzerland. Amid rising gold prices (+8% in the past month), XAUT reached a new all-time high of $3423. 📈

Tether emphasizes XAUT's position as the leading institutional-grade tokenized gold product in the market.

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