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Tether, the issuer of the USDT stablecoin, recently announced that its gold-backed stablecoin Tether Gold (XAUT) was backed by more than 7.7 tons of gold.



In an official statement on Monday (4/28/2025), Tether announced that XAUT had a market capitalization of US$770 million as of March 31, 2025, with each token in circulation backed by one ounce of pure gold, equivalent to more than 7.7 tons of gold.
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USDTUSDT+0.00%
XAUTXAUT+0.30%


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ameely
2025-04-30
thanks for informing us thanks for informing us thanks for informing us
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Andrasyailendraperdana
2025-04-30
Tether is the issuer of the USDT stablecoin.
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Preetyclsta
2025-04-30
This backing ensures transparency and stability for XAUT holders.
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JM28
2025-04-30
😍
0
MalaysiaCryptoCommunity
2025-04-30
First Review
Wow, 7.7 tons of gold? That's insane! XAUT is looking really serious.
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