Tether Gold (XAU₮) Surpasses $2 Billion Amidst Rising Gold Prices
Tether Gold (XAU₮) has eclipsed a $2 billion market valuation as gold prices rally to record highs. The tokenized asset, backed 1:1 by physical gold stored in Switzerland, reflects growing institutional appetite for real-world asset (RWA) tokenization during macroeconomic turbulence.
Gold's digital transformation accelerates with XAU₮ holdings now representing 375,572 fine troy ounces of London Good Delivery-certified bullion. The commodity's September 2025 peak at $4,125.22 per ounce propelled Tether's gold-backed token from $1.44 billion to $2.1 billion in Q3 alone.
Regulatory-compliant on-chain verification distinguishes XAU₮ in the expanding RWA sector. As traditional and crypto investors alike seek inflation hedges, tokenized gold emerges as a bridge between physical commodities and decentralized finance.