BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Tether’s $800M Gold Reserve Signals Growing Influence in Digital Asset Markets
Tether’s $800M Gold Reserve Signals Growing Influence in Digital Asset Markets
12
2
Tether Gold (XAUT) now holds over 7.7 tons of physical gold as collateral, valued at more than $800 million, according to a third-party attestation from BDO Italia. The stablecoin issuer’s move into precious metals underscores its expanding role in digital finance—drawing parallels with traditional institutions like the Federal Reserve.
The gold-backed XAUT token reflects a broader market shift toward hard assets, with Tether positioning itself as a bridge between crypto and commodity markets. Unlike algorithmic stablecoins, XAUT’s physical collateral could appeal to investors seeking inflation hedges amid macroeconomic uncertainty.
By:
Previous
Abu Dhabi Trio to Launch Dirham-Backed Stablecoin
Next
India Rejects De-Dollarization While China Pushes Yuan as Alternative
