US EditionTether Gold Backed by 7.7 Tons of Gold in Swiss Vault
- Tether released its first official attestation for its tokenized gold product XAUT on April 28.
- Growing global instability and economic uncertainty led investors to seek safer assets like gold.
- The attestation confirms XAUT is fully backed by physical gold stored in dedicated Swiss vaults.
- The report shows 246,523.33 ounces, over 7.7 tons, of gold backing the token.
- This attestation enhances transparency and positions XAUT for expansion into emerging markets.
27 Articles
27 Articles
Tether Flexes Strength With Nearly 8-Ton Gold Reserve For XAUT Token
Tether’s gold-backed token XAUT has increased significantly during the first quarter of 2025, the company’s official attestation published on April 28 stated. Every token is equivalent to one troy ounce of physical gold, and the current supply is backed by nearly eight tons of gold stored in Swiss vaults. Related Reading: Crypto Theft: Loopscale Hackers […]
Tether Flexes Strength With 7.7-Ton Gold Reserve For XAUT
Tether’s gold-backed token XAUT has increased significantly during the first quarter of 2025, the company’s official attestation published on April 28 stated. Every token is equivalent to one troy ounce of physical gold, and the current supply is backed by nearly eight tons of gold stored in Swiss vaults. Gold Coins Reach Record Prices During Market Fluctuations By closing on March 2025, market capitalization for XAU would equal $770.0 million, …
Tether Own Over $800M In Gold: A Look Inside The Gold Reserve
What is the difference between Tether printing money and a private organization like the Federal Reserve printing money? Nothing. And increasingly, Tether is becoming the new Fed, as it has now announced that it is entering the precious metals market. The company just published its first attestation report for Tether Gold (XAUT), showing 7.7 tons of physical gold locked down as collateral. It’s a bold move to bring receipts in a market that does…
The issuer has conducted the first official certification of the "golden" stablecoin XAUT. USDT continues to confidently lead the "stablecoin" market with a share of over 66%. The participation of institutional investors and political elites reflects the global trend towards the legitimization of digital assets. The Teth...
Tether Reveals XAU₮ Backing Report and New Expansion Moves - Crypto News Flash
Tether confirmed each XAU₮ token is backed 1:1 by physical gold stored in secure Swiss vaults. Tether expanded influence by investing in Fizen Limited and forming Twenty One Capital with major partners. Tether has just made a breakthrough by releasing an official attestation report for Tether Gold (XAU₮) in the first quarter of 2025. In this report, they confirm that each XAU₮ token is indeed backed 1:1 by physical gold, precisely 246,523.33 tro…
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