{"id":51475,"date":"2025-04-28T18:14:53","date_gmt":"2025-04-28T18:14:53","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/tether-says-xaut-stablecoin-holds-7-7-tons-of-gold-stored-in-switzerland\/"},"modified":"2025-04-28T18:14:53","modified_gmt":"2025-04-28T18:14:53","slug":"tether-says-xaut-stablecoin-holds-7-7-tons-of-gold-stored-in-switzerland","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/tether-says-xaut-stablecoin-holds-7-7-tons-of-gold-stored-in-switzerland\/","title":{"rendered":"Tether says XAUT stablecoin holds 7.7 tons of gold stored in Switzerland"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/image-20-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/image-20-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/image-20-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/image-20-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li data-start=\"153\" data-end=\"367\">Tether\u2019s XAUT token has appreciated alongside the rising price of gold amid increasing global economic uncertainty.<\/li>\n<li data-start=\"153\" data-end=\"367\">Tether noted that XAUT hit a record high price of $3,423 last week, driven by the rally in gold prices.<\/li>\n<li data-start=\"153\" data-end=\"367\">Gold prices have surged to historic highs in 2025, fueled by a combination of factors.<\/li>\n<\/ul>\n<p class=\"\" data-start=\"153\" data-end=\"367\">Tether, issuer of the world\u2019s largest stablecoin, reported holding 7.7 tons, or 246,523 ounces, of gold backing its gold-pegged token XAUT at the end of the first quarter, according to a statement released Monday.<\/p>\n<p class=\"\" data-start=\"369\" data-end=\"683\">The company said this marks the first official attestation specific to XAUT, which launched in 2020.<\/p>\n<p class=\"\" data-start=\"369\" data-end=\"683\">Tether, which regularly issues attestations for its USDT dollar stablecoin, said XAUT had a market capitalization of $770 million at the end of the quarter.<\/p>\n<p class=\"\" data-start=\"685\" data-end=\"831\">\u201cTether Gold maintains its position as the highest market-cap, most secure, and compliant tokenized gold product in the market,\u201d the company said.<\/p>\n<h2 data-start=\"685\" data-end=\"831\">XAUT\u2019s performance in Q1<\/h2>\n<p class=\"\" data-start=\"833\" data-end=\"1239\">Tether\u2019s XAUT token, though far less popular than USDT, has appreciated alongside the rising price of gold amid increasing global economic uncertainty.<\/p>\n<p class=\"\" data-start=\"833\" data-end=\"1239\">Volatility has surged in recent weeks, largely due to President Donald Trump\u2019s tariff policies.<\/p>\n<p class=\"\" data-start=\"833\" data-end=\"1239\">Gold, traditionally viewed as a stable store of value, has gained about 8% over the past 30 days. Bitcoin, meanwhile, has climbed over 14% in the same period.<\/p>\n<p class=\"\" data-start=\"1241\" data-end=\"1489\">Tether noted that XAUT hit a record high price of $3,423 last week, driven by the rally in gold prices.<\/p>\n<p data-start=\"1241\" data-end=\"1489\">The company, in a press <a href=\"https:\/\/tether.io\/news\/tether-reports-xau%e2%82%ae-grows-amid-shifting-monetary-landscape-releases-its-first-attestation-for-q1-2025-more-than-7-7-tons-of-physical-gold-backing-the-token-in-circulation\/\">release<\/a>, stated:<\/p>\n<blockquote>\n<p data-start=\"1241\" data-end=\"1489\">The growth of Tether Gold during Q1 was driven by escalating global economic uncertainty, heightened geopolitical tensions, and a rising demand for inflation-resistant stores of value.<\/p>\n<\/blockquote>\n<p class=\"\" data-start=\"1241\" data-end=\"1489\">Each XAUT token is backed 1:1 by one troy ounce of physical gold, stored in dedicated vaults within facilities in Switzerland, the company said.<\/p>\n<h2 data-start=\"1241\" data-end=\"1489\"><strong>Gold\u2019s performance over the past two years<\/strong><\/h2>\n<p>Gold has staged a major rally over the past two years, driven largely by sustained central bank accumulation, particularly among BRICS nations aiming to reduce dependence on the US dollar.<\/p>\n<p>According to the World Gold Council\u2019s Gold Demand Trends: Full Year 2024 report, global gold reserves stood at 37,755 metric tons at the end of 2024.<\/p>\n<p>Central banks added a net 1,044.6 metric tons to their holdings over the year, with 332.9 metric tons purchased in the fourth quarter alone.<\/p>\n<p>This consistent accumulation underscores gold\u2019s strategic role as a store of value, especially for emerging and developing economies seeking to bolster financial resilience.<\/p>\n<p>Gold prices have surged to historic highs in 2025, fueled by a combination of central bank buying, lingering inflation fears, and mounting geopolitical tensions.<\/p>\n<p>The precious metal briefly touched $3,500 per ounce last week, delivering a remarkable year-to-date gain of 32%, before retreating slightly to reflect a 26% gain as of today.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/tether-says-xaut-stablecoin-holds-7-7-tons-of-gold-stored-in-switzerland\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Tether\u2019s XAUT token has appreciated alongside the rising price of gold amid increasing global economic uncertainty. Tether noted that XAUT hit a record high price of $3,423 last week, driven by the rally in gold prices. Gold prices have surged to [&hellip;]<\/p>\n","protected":false},"author":3947362387,"featured_media":51476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51475"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362387"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=51475"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/51476"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=51475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=51475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=51475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}