Tether Expands Its Physical Gold Holdings by More Than 7.7 Tons to Reinforce XAU₮ Token

XAU₮ now holds a market capitalization of $770 million, with each token priced at $3,087.35 as of the end of Q1 2025. This robust strong performance reflects

Tether has expanded its physical gold holdings by more than 7.7 tons to reinforce the backing of its tokenized gold product, XAU₮. The move, disclosed in Tether’s first regulatory attestation for Q1 2025, highlights the growing global demand for stable, inflation-resistant assets.

The latest report from Tether reveals an increase in XAU₮'s physical gold reserves to 11,133.67 troy ounces by the end of Q1 2025, a significant rise from the 10,361 troy ounces reported for Q4 2024. These figures exclude any potential changes in gold holdings during Q2 2025.

This expansion comes as Tether’s tokenized gold product, XAU₮, has become increasingly popular among those seeking a digital solution for their gold needs. Each XAU₮ token is backed 1:1 by a troy ounce of LBMA-certified gold, which is stored securely in Switzerland.

The report also highlights Tether’s commitment to compliance, transparency, and operational integrity. All figures and attestations are prepared and/or reviewed by independent third-party professionals specializing in relevant fields.

XAU₮, which now holds a market capitalization of $770 million, is a fully-backed and recognized token in El Salvador, where it is also regulated. The token, which is priced at $3,123.57 at the end of Q1 2025, has reached an all-time high of $3,423 as of April 21, 2025, a 9.6% increase from the end of the first quarter.

This enduring demand underscores XAU₮’s role not only as a hedge against inflation but also as a modern bridge between traditional wealth preservation and blockchain-based financial innovation.

In other news, Tether has destroyed another $1.8 billion worth of USDT to reduce the stablecoin’s circulating supply.