Tether Buys 7.7 Tons of Gold — What Does This Mean for $XAUT?
- Tether expands XAU₮ with 7.7 tons of gold, strengthening digital safe-haven appeal.
- XAU₮ market cap hits $770M as investors seek gold-backed digital assets.
- Global gold demand surges, driving tokenized asset growth amid economic uncertainty.
Tether has expanded its physical gold holdings by more than 7.7 tons to reinforce the backing of its tokenized gold product, XAU₮. The move, disclosed in Tether’s first regulatory attestation for Q1 2025, highlights the growing global demand for stable, inflation-resistant assets.
With mounting geopolitical tensions, fears of new trade tariffs, and persistent global financial uncertainty, Tether’s latest gold acquisition reinforces XAU₮ as a digital solution for those seeking security amid volatile markets.
Each XAU₮ token remains backed 1:1 by a troy ounce of LBMA-certified gold stored securely in Switzerland, emphasizing Tether’s commitment to compliance, transparency, and operational integrity.
Related: Tether’s Pitch To DC: We Help Keep US Dollar Strong Globally
XAU₮ Emerges as a Leading Digital Gold Investment
XAU₮ now holds a market capitalization of $770 million, with each token …
The post Tether Buys 7.7 Tons of Gold — What Does This Mean for $XAUT? appeared first on Coin Edition.
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Tether Buys 7.7 Tons of Gold — What Does This Mean for $XAUT?
- Tether expands XAU₮ with 7.7 tons of gold, strengthening digital safe-haven appeal.
- XAU₮ market cap hits $770M as investors seek gold-backed digital assets.
- Global gold demand surges, driving tokenized asset growth amid economic uncertainty.
Tether has expanded its physical gold holdings by more than 7.7 tons to reinforce the backing of its tokenized gold product, XAU₮. The move, disclosed in Tether’s first regulatory attestation for Q1 2025, highlights the growing global demand for stable, inflation-resistant assets.
With mounting geopolitical tensions, fears of new trade tariffs, and persistent global financial uncertainty, Tether’s latest gold acquisition reinforces XAU₮ as a digital solution for those seeking security amid volatile markets.
Each XAU₮ token remains backed 1:1 by a troy ounce of LBMA-certified gold stored securely in Switzerland, emphasizing Tether’s commitment to compliance, transparency, and operational integrity.
Related: Tether’s Pitch To DC: We Help Keep US Dollar Strong Globally
XAU₮ Emerges as a Leading Digital Gold Investment
XAU₮ now holds a market capitalization of $770 million, with each token …
The post Tether Buys 7.7 Tons of Gold — What Does This Mean for $XAUT? appeared first on Coin Edition.
Read More
After Big April Gains, Bitcoin Heads Into a Volatile May