Tether Gold market cap tops $3.3B as Q1 reserves rise 36%

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Tether Gold’s market capitalization surpassed $3.3 billion in the first quarter of 2026 as underlying gold reserves increased 36% quarter over quarter to about 707,747 ounces. Tether said XAUT tokens remain backed 1:1 by physical gold stored in Swiss vaults that comply with LBMA standards.

XAUT0.51%
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