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Crypto@tether on XFiled 10 h ago

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Tether reported that reserves backing its gold token XAU₮ have climbed 59% since year-end to a record $3.44 billion, according to a company post. The growth underscores continued demand for tokenized gold as Tether expands beyond its flagship stablecoin. XAU₮ is backed one-to-one by physical gold held in reserves. The milestone comes as tokenized real-world assets gain traction among crypto investors seeking hedges. Market participants will watch whether reserve growth tracks rising XAU₮ supply and whether Tether discloses further attestation details.

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Named in this story

Tether Gold, Tether, XAU₮