Tether has expanded its physical gold reserves by purchasing over 7.7 tons of new gold, supporting the backing of its digital product linked to gold, XAU₮. This announcement comes as part of the company's first regulatory certificate issued for the first quarter of 2025, reflecting the growing global demand for stable assets that are protected from inflation.
Why did Tether buy gold?
As geopolitical tensions escalate and concerns about new tariffs rise amidst ongoing global financial uncertainty, Tether seeks through this investment to enhance the reliability of the XAU₮ currency as a secure digital solution for investors seeking safe havens.
Each XAU₮ token is fully backed by one troy ounce of gold certified by the London Stock Exchange (LON:LSEG) for precious metals (LBMA), securely stored in Switzerland, confirming Tether's commitment to compliance, transparency, and operational integrity.
The rise of XAU₮ as a leading digital gold investment