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Tether Releases First Gold Token Attestation: 7.7 Tons of Gold Back $770M XAUT Supply
Tether Releases First Gold Token Attestation: 7.7 Tons of Gold Back $770M XAUT Supply
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Tether, the world’s largest stablecoin issuer, has unveiled its inaugural attestation for Tether Gold (XAU₮), confirming 7.7 tons of physical gold reserves backing the token. The gold, stored in Swiss vaults, supports XAU₮ on a 1:1 basis, with a market cap of $770 million as of Q1 2025.
Under El Salvador’s regulatory framework, XAU₮ has emerged as the largest tokenized gold asset. The token’s price peaked at $3,423 on April 21, 2025, reflecting heightened demand for safe-haven assets amid market volatility.
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