BTCC / BTCC Square / Global Cryptocurrency /
Tether’s XAUT Gold Reserves Confirmed Amid Surging Demand

Tether’s XAUT Gold Reserves Confirmed Amid Surging Demand

Published:
2025-04-29 09:39:02
4
3

Tether’s tokenized gold product, XAUT, has verified its reserves with over 246,500 ounces of physical gold—equivalent to more than 7.7 tons. Each XAUT token is priced at approximately $3,123.57, pushing the total market capitalization to $770 million. Earlier this month, XAUT reached an all-time high of $3,423 per token.

The attestation underscores Tether’s commitment to transparency as it targets both institutional and retail investors. The company positions XAUT as the dominant player in the tokenized gold space, emphasizing its compliance, security, and market share.

Global economic instability, including geopolitical tensions and trade risks, has driven investors toward safe-haven assets like gold. XAUT has capitalized on this trend, reflecting broader market shifts during the first quarter of 2025.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users