Tether Gold Expands Reserves with 7.66 Tons Added in Q2 2025
Tether Gold (XAU₮) solidifies its position as a leading gold-backed digital asset, with 246,524.330 tokens now issued—each representing one fine troy ounce of physical gold. The latest audit by TG Commodities confirms 7.66 tons of gold held in Switzerland, meeting London Good Delivery standards.
Gold tokenization gains momentum amid global macroeconomic shifts, attracting both institutional and retail investors. Central banks acquired over 1,040 metric tons in 2024, a trend continuing into 2025, underscoring gold's role as a strategic reserve asset.
Market transparency remains a cornerstone: XAU₮ maintains a 1:1 gold backing, with a $814.3 million market cap at $3,303.14 per ounce. Circulating tokens worth $617.3 million are fully collateralized, while $197 million in reserves supports additional issuance.