tl;dr
Tether’s tokenized gold product, XAUT, has reached a record backing of over 7.7 tons of gold, with a market capitalization of $770 million and a token price of $3,123.57. The token hit an all-time high of $3,423 on April 21, increasing 9.6% since Q1 2025. XAUT is recognized as the leading tokenized ...
Tether’s tokenized gold product, XAUT, has reached a new milestone with over 7.7 tons of gold backing and a market capitalization of $770 million.
The token price currently stands at $3,123.57, having hit an all-time high of $3,423 on April 21, marking a 9.6% increase since Q1 2025.
XAUT is regarded as the leading tokenized gold product in terms of market size, security, and regulatory compliance, reflecting rising demand amidst growing global economic and geopolitical uncertainty.
Gold has significantly outperformed the S&P 500 this year, gaining 32.6% compared to the S&P’s 6.1% decline, signaling a strong investor pivot toward safe-haven assets.
Central banks have increased their gold reserves to the highest level in 26 years, with China doubling its share to 7.1%, reinforcing gold’s role as a global financial safeguard.
Tether’s CEO, Paolo Ardoino, announced plans to expand XAUT’s presence, particularly in emerging markets.
XAUT offers a secure, transferable digital asset backed 1:1 by physical gold reserves, aiming to emulate USDT’s widespread adoption as a digital dollar.
This strategy underscores a broader trend of integrating traditional assets with blockchain efficiency to create innovative financial tools for global users.