Tether Gold Market Cap Surpasses $2.1 Billion
Tether, the issuer of USDT and other digital assets, has announced a significant increase in the market capitalization of its tokenized gold product, Tether Gold (XAUT). The milestone comes amid record-high gold prices and growing investor demand for real-world asset (RWA) tokens.
According to the official announcement, the total market capitalization of Tether Gold has exceeded $2.1 billion, while the amount of gold backing XAUT has risen to 11.6 tons.
Tether Strengthens Its Gold Reserves
Tether’s total gold holdings now stand at approximately 80 tons, underscoring the company’s expanding exposure to physical gold as part of its diversified asset base. This growth highlights the increasing adoption of tokenized commodities as investors seek stability and tangible backing amid macroeconomic uncertainty.
Paolo Ardoino, CEO of Tether, noted that the success of XAUT reflects growing confidence in tokenized assets and the blending of traditional finance with blockchain infrastructure.
Gold Prices Drive Token Demand
The surge in gold prices globally has contributed to renewed interest in gold-backed tokens. With XAUT representing direct ownership of physical gold stored in Switzerland, the token allows investors to access gold’s stability while maintaining the liquidity and transparency of blockchain technology.
Analysts believe that as gold continues to rise and institutions explore RWAs, Tether Gold will play an increasingly central role in bridging traditional assets with the crypto ecosystem.
