Tether Gold Rides Bullion Boom as Central Banks, ETFs Rush to Accumulate

Tether’s $XAUT Spikes to 40% as Gold Hits $3,400 in 2025

Tether Gold gained 40% in a year as global gold demand lifted prices to $3,400.  The U.S. GENIUS Act mandates real reserves and audits, reshaping stablecoin issuance.  Central banks bought over 1,000 tons of gold in 2024 in order to protect their reserves. A volatile global economy has sparked record gold accumulation by central banks and institutions, lifting Tether’s gold-backed token, $XAUT. Reportedly, the stablecoin gained 40% in 12 months …

Tether Gold Surpasses $800M Market Cap as Gold Demand Soars

The post Tether Gold Surpasses $800M Market Cap as Gold Demand Soars appeared on BitcoinEthereumNews.com. Altcoins Amid rising global uncertainty and a surge in demand for safe-haven assets, Tether’s gold-backed token, XAUt, is gaining serious traction among investors. Backed by 7.66 tons of physical gold, Tether Gold has now crossed $800 million in market capitalization, according to a Q2 attestation by BDO Italia. Over 259,000 XAUt tokens are …

Tether Gold Surges Amidst Global Rush by Central Banks, ETFs for Bullion

The cryptocurrency market is abuzz with news as Tether Gold (XAUT), a digital asset backed by physical gold, shows a significant uptick in its market capitalization. Recent trends suggest a strong positive outlook for XAUT, with projections indicating that its market cap might expand significantly by 2025. Rise in Market Cap Current data highlights that Tether Gold’s market cap has recently surged, leading to speculation about its potential perf…

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Tether Gold rides bullion boom as central banks, ETFs rush to accumulate From Coin Telegraph: A volatile macroeconomic landscape has sparked a new gold rush among institutional investors and central banks, with gold bullion hitting record highs this year - a trend that has also extended to Tether'... Article link

Tether Gold rides bullion boom as central banks, ETFs rush to accumulate

Tether Gold has seen its market capitalization swell to over $800 million as demand for bullion continues to rise amid geopolitical tensions and inflationary risks.