Tether Gold's market capitalization surpasses $3.3 billion, with safe-haven demand driving strong inflows. Q1 gold reserves increased by 36%.

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Odaily Planet Daily News: Tether Gold (XAUT) continues to expand throughout the first quarter of 2026. Its total market capitalization has surpassed $3.3 billion, driven by record-high gold prices and heightened macroeconomic uncertainty, leading to a significant rise in investors’ demand for safe-haven assets.

This quarter’s data shows that its underlying gold reserves increased by 36% quarter-over-quarter. As of March 31, total reserves reached approximately 707,747 ounces. In terms of the circulating XAU₮ tokens, gold is fully backed 1:1, with a total market value of about $3.303 billion. It is reported that all of XAUT’s gold reserves are stored in Swiss vaults and meet the standards of the London Bullion Market Association (LBMA). Each token corresponds to 1 ounce of physical gold, and it is subject to regular audits and verification by independent third parties.

Compared with the approximately 520,000 ounces of reserves at the end of 2025, this quarter’s gold holdings have increased significantly, reflecting continued inflows of capital into physical gold digitized products. Against the backdrop of high inflation and geopolitical risks, investors are accelerating their search for on-chain, programmable, and highly liquid gold exposure.

Tether CEO Paolo Ardoino said that XAU₮ is demonstrating that tokenized commodities can meet institutional-grade reserve standards, allowing gold to maintain physical backing while also offering the transparency and transferability enabled by blockchain.

XAUT-1.77%
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