Tether, the leading stablecoin issuer, released its report for the second quarter of 2025, confirming that the Tether Gold token ($XAUT) is backed by 7.66 tons of physical gold (246,524.33 troy ounces), stored in secure Swiss vaults. Each XAUT token is pegged 1:1 to one ounce of gold certified by the London Bullion Market Association (LBMA). The market capitalization of XAUT reached $814 million, and the token price rose to $3,359, reflecting increasing demand for safe-haven assets.
The growth of XAUT is driven by global economic instability, geopolitical tensions, and demand for protection against inflation. According to the World Gold Council report, central banks purchased 1,044 tons of gold in 2024, highlighting its strategic role. XAUT combines the stability of gold with the efficiency of blockchain, offering investors liquidity and transparency. An audit conducted by TG Commodities confirms the token's compliance with the standards of El Salvador, where XAUT is regulated.
This news strengthens XAUT's position as a leader among tokenized gold assets, competing with PAXG. Tether continues to expand the presence of XAUT, particularly through new exchange listings. Stay updated on the crypto market with #MiningUpdates
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