Tether Gold (XAU₮) Dominates Tokenized Gold Market Amid Economic Uncertainty
Tether Gold (XAU₮) has solidified its position as the leading tokenized gold product by market capitalization, reaching $770 million as of April 2025. Each XAU₮ token is backed 1:1 by physical gold stored in Swiss vaults, with prices peaking at $3,423—a 9.6% quarterly gain.
Global economic instability and geopolitical tensions have fueled demand for inflation-resistant assets, driving XAU₮’s growth. The project’s recent audit and regulatory approval in El Salvador further bolster its credibility in the digital gold market.