Tether Flexes Strength With Nearly 8-Ton Gold Reserve For XAUT Token

Tether's gold-backed token XAUT has increased significantly during the first quarter of 2025, the company's official attestation published on April 28 stated. Every token is equivalent to one troy ounce of physical gold, and the current supply is backed by nearly eight tons of gold stored in Swiss vaults.

Source: bitcoinist.com

Related symbols: XAUTUSD