TL;DR
- Tether has significantly increased the amount of gold backing its tokenized asset XAUT, reaching 7.7 tons, equivalent to over 246,000 ounces.
- The value of XAUT has risen 9.6% since the end of the first quarter of 2025, hitting an all-time high of $3,423 due to growing demand for safe-haven assets.
- XAUT stands out for being 100% physically backed by gold stored in Swiss vaults, meeting high standards of security and transparency.
Tether, the well-known company behind the USDT stablecoin, has reported a major increase in the amount of physical gold backing its tokenized gold product, XAUT.
In its first official report of 2025, the company detailed that XAUT now holds 7.7 tons of gold, equivalent to over 246,000 ounces of the precious metal. The token, currently trading around $3,123.57, has climbed 9.6% in value since the end of the first quarter, reaching an all-time high of $3,423 on April 21.
This growth largely reflects the rising demand for safe-haven assets, driven by the complex global economic environment. International tensions, economic challenges, and inflation have pushed many investors to seek refuge in gold, which has directly benefited XAUT. According to Tether, increased gold purchases by central banks — especially from countries outside the U.S. dollar’s sphere of influence — have also contributed to the tokenized product’s success.
Tether: XAUT Is 100% Backed by Physical Gold
The company emphasized that its product sets itself apart in the market by meeting strict security and regulatory compliance standards, giving it an advantage in terms of transparency. Unlike other digital gold offerings that don’t always have solid physical backing, XAUT is 100% backed by gold stored in top-tier facilities in Switzerland, ensuring both the integrity and value of the token.
Tether also noted that it plans to expand XAUT adoption, particularly in emerging markets, where gold has traditionally served as a tool to hedge against inflation and economic instability. According to the company, tokenizing gold provides users with a modern, accessible way to benefit from its advantages without the logistical challenges of physical storage.
Amid growing global market uncertainty, Tether aims for XAUT to become an appealing option for those looking to preserve value during volatile times while leveraging blockchain technology for transactions
