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BTCC / BTCC Square / Global Cryptocurrency /
Tether’s Q1 2025 Report Reveals 7.7 Tons of Physical Gold Backing XAUT Tokens

Tether’s Q1 2025 Report Reveals 7.7 Tons of Physical Gold Backing XAUT Tokens

Author:
Global Cryptocurrency
Published:
2025-04-29 06:47:01
18
1

Tether disclosed its Q1 2025 reserves, revealing 7.7 tons of physical gold backing its XAUT tokens. The report, published on April 28, confirms 246,524.33 XAUT tokens in circulation—each pegged 1:1 to a troy ounce of gold stored in Swiss vaults.

Demand for gold as an inflation hedge has surged amid escalating geopolitical tensions. Tether’s CEO, Paolo Ardoino, emphasized the token’s role in merging traditional asset security with blockchain efficiency. "XAUT offers users digital access to physical gold—secure, transferable, and fully backed," he stated.

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