TETHER CONFIRMS FULL GOLD BACKING FOR XAUT TOKENS
Tether’s Q1 2025 attestation, verified by BDO Italia, confirms that more than 7.7 tons of gold back every XAUT token 1:1.
The audit verifies 246,524.33 ounces of gold reserves, fully compliant with regulatory standards. Tether Gold’s market cap now stands at $770 million, with reserves stored in Switzerland.
Source: @BTCTN