Tether’s Gold-Backed Token XAU₮ Hits Record Sales Amid Surging Demand for Digital Gold
Tether, the issuer of the world's largest stablecoin, reported unprecedented demand for its gold-backed token XAU₮ in the fourth quarter of 2025. Quarterly sales reached an all-time high as investors flocked to blockchain-based exposure to precious metals.
The company purchased 27 metric tons of gold during the period, now valued at $4.4 billion following recent price surges. Each XAU₮ token remains fully backed by physical bullion stored in Swiss vaults under El Salvador's Digital Assets Law framework.
Market dominance solidified with XAU₮ capturing the lion's share of the tokenized gold sector by year-end 2025. Custody arrangements comply with London Bullion Market Association standards, reflecting institutional-grade safeguards.
The broader tokenized gold market expanded significantly, fueled by growing institutional and retail interest in real-world asset tokenization. This growth coincided with gold's strongest annual performance in decades, as prices approached record highs amid global macroeconomic uncertainty and geopolitical tensions.