#AbuDhabiStablecoin 🏅 Tether Gold (XAUT) is fully backed by physical gold, reports *Decrypt*.
📊 According to an audit by BDO Italia, as of the end of March, XAUT was backed by 7.7 tons of real gold.
💰 The asset's capitalization exceeded $825 million, and the price of one coin reached $3,344, following the rise in the value of gold.
🗣 Tether CEO Paolo Ardoino noted:
"XAUT is becoming the benchmark among tokenized products for retail and institutional investors — especially in conditions where central banks are actively buying gold."
⚡️ Amid global uncertainty, XAUT strengthens its position as a reliable tool for digital capital protection, combining the stability of gold with the convenience of blockchain.