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According to Reuters, Tether's gold purchases to support USDT reserves slowed to about 6 tons in the first quarter, down from 27 tons in Q4 2024. As of the end of March, the value of Tether's gold reserves supporting USDT reached $19.8 billion, approximately 132 tons of gold; USDT reserves are still primarily composed of U.S. Treasury bonds, totaling about $117 billion, with gold accounting for roughly 10%, and Bitcoin about $7 billion. Tether Gold (XAUT) corresponding gold reserves increased to approximately 22 tons. Combining USDT and XAUT products, Tether's gold holdings amount to about 154 tons.