Bullish
Tether's Gold-Backed Token XAUt Reserves Surge Past 11.6 Tons Amid Gold Price Rally
29.10.2025 00:21
Tether's tokenized gold reserves witnessed significant growth in Q3 2023, exceeding 11.6 tons of physical gold backing its XAUt token. This substantial accumulation occurred during a notable rally in the price of gold, highlighting increased investor interest in gold-pegged digital assets. The reserves, held by Tether, the company behind the leading stablecoin USDT, underscore the growing convergence of traditional safe-haven assets and the cryptocurrency market.
Keywords: Tether, XAUt, tokenized gold, gold reserves, stablecoin, gold, cryptocurrency, quarterly report, price rally, safe haven assets