TetherGold
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Reminder Report for Tether Gold (XAU₮) - Market Value Reaches $770 Million
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**Key Audit Findings**
Tether has released its quarterly reminder report on Tether Gold (XAU₮), which revealed that the market value has reached $770 million. The report confirms that all issued tokens are fully backed by gold at a 100% ratio.
**Reserve Breakdown**
- 197,028.64 troy ounces of actual gold held
- Gold stored in Switzerland with periodic audits
- Each XAU₮ token represents 1 troy ounce of gold
**Market Impact**
This transparency report comes at a time when demand for gold-backed stablecoins is increasing amid market volatility. XAU₮ offers:
- 24/7 trading availability
- Lower fees than physical gold ETFs
- Blockchain settlement advantages
#Tether
#TetherGold #etf #XAUUSD #Stablecoins
$XAI
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**Key Audit Findings**
Tether has released its quarterly reminder report on Tether Gold (XAU₮), which revealed that the market value has reached $770 million. The report confirms that all issued tokens are fully backed by gold at a 100% ratio.
**Reserve Breakdown**
- 197,028.64 troy ounces of actual gold held
- Gold stored in Switzerland with periodic audits
- Each XAU₮ token represents 1 troy ounce of gold
**Market Impact**
This transparency report comes at a time when demand for gold-backed stablecoins is increasing amid market volatility. XAU₮ offers:
- 24/7 trading availability
- Lower fees than physical gold ETFs
- Blockchain settlement advantages
#Tether
#TetherGold #etf #XAUUSD #Stablecoins
$XAI
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The market value of Tether Gold reaches 770 million dollars
According to PANews, as of April 28, Tether Gold (XAU₮) has a circulation corresponding to 246,523.33 ounces of gold, which is over 7.7 tonnes, with a market value of 770 million dollars. XAU₮ is currently regulated by El Salvador, with each token being backed 1:1 by physical gold stored in high-security vaults in Switzerland.
#Tether #TetherGold
#Tether #TetherGold
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🪬#Tether confirmed gold reserves for #XAUT 💡
🗯️ The company Tether published the first audit of the token #TetherGold (XAUT), confirming the presence of 246,523 ounces (7.7 tons) of physical gold standard #LBMA in Swiss vaults, which fully backs the capitalization of XAUT at $800 million 💰
#USDT $TRX $WCT $EPIC
🗯️ The company Tether published the first audit of the token #TetherGold (XAUT), confirming the presence of 246,523 ounces (7.7 tons) of physical gold standard #LBMA in Swiss vaults, which fully backs the capitalization of XAUT at $800 million 💰
#USDT $TRX $WCT $EPIC
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Gold: The metal that reveals the future and investment opportunities in 2025
Driver of economic and political events
Gold has always been a hidden indicator of crises and major changes; when markets shake or political crises loom, its price jumps immediately, making it a compass for future predictions. We witnessed this during the 2008 financial crisis and the COVID-19 pandemic in 2020, where gold rose while currencies lost their value.
Gold has always been a hidden indicator of crises and major changes; when markets shake or political crises loom, its price jumps immediately, making it a compass for future predictions. We witnessed this during the 2008 financial crisis and the COVID-19 pandemic in 2020, where gold rose while currencies lost their value.
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