Tether Gold reserves increased 59%… 25.7 tons at the end of September compared to the end of last year
Original headline59% 늘어난 테더골드 준비금…지난해 말 대비 9월 말 25.7톤
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Tether reported that its Tether Gold (XAUT) reserves rose 59% to about 25.7 tonnes of physical gold as of September 30, up from 520,089 troy ounces at the end of December, with holdings of 827,417.630 troy ounces valued at roughly $3.44 billion at $4,157.41 per ounce. The company also said customer-held XAUT balances grew 73% since the start of the year, with each token backed by one troy ounce of gold. The increase underscores steady demand for gold-backed tokens as investors seek commodity exposure on-chain.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Tether Gold, Tether, XAUT