Tether says that the Xaut Stable Cooin is storing 7.7 tons of gold in Switzerland.
Tether says that the Xaut Stable Cooin is storing 7.7 tons of gold in Switzerland.
- The Xaut token from Tether has increased in parallel to increasing gold price development, while the global economic uncertainties increase.
- Tether found that Xaut achieved a record price of $ 3,423 last week, which was driven by the increase in gold prices.
- The gold prices have reached 2025 historical highs that were powered by a combination of factors.
Tether, the issuer of the world's largest stable coin, announced that at the end of the first quarter he considers 7.7 tons, or 246.523 ounces, gold as security for his gold-covered token Xaut, according to a explanation published on Monday.
The company explained that this was the first official confirmation that is specifically for XAUT that was introduced in 2020.
Tether, which regularly issues confirmations for his USDT dollar booth, indicated that Xaut had a market capitalization of $ 770 million at the end of the quarter.
"Tether gold claims its position as the product with the highest market capitalization, most protection and compliance among tokenized gold products on the market," said the company.
The performance of Xaut in the first quarter
The Xaut token from Tether, although far less popular than USt, increased in parallel to increasing gold price development, while global economic uncertainties increase.
The volatility has risen sharply in recent weeks, mainly due to the customs policy of President Donald Trump.
Gold, traditionally regarded as a stable value memory, has increased about 8 % in the past 30 days. Bitcoin, on the other hand, has increased by over 14 % in the same period.
Tether found that Xaut achieved a record price of $ 3,423 last week, which was driven by the increase in gold prices.
The company explained in a Press release :
The growth of Tether Gold in the first quarter was driven by escalating global economic uncertainty, increased geopolitical tensions and growing demand for inflation-resistant value storage.
Each Xaut token is 1: 1 covered by a provision of physical gold, which is stored in specifically intended vaults within facilities in Switzerland, according to the company.
The development of gold in the past two years
gold has shown a significant increase in the past two years, which was mainly driven by continuing accumulation of central banks, in particular through Brics nations that want to reduce their dependence on the US dollar.
According to the report on the gold demand trends of the World Gold Council: Full year 2024, the global gold reserves were 37,755 metric tons at the end of 2024.
Central banks added 1,044.6 metric tons to their stocks in the course of the year, whereby 332.9 metric tons were bought in the fourth quarter alone.
This constant accumulation underlines the strategic role of gold as a value memory, especially for aspiring and developing economies that want to strengthen their financial resilience.
The gold prices rose to historical highs in 2025, supported by a combination of purchases by central banks, persistent fear of inflation and increasing geopolitical tensions.
The precious metal reached a short -term $ 3,500 per ounce last week, which represents a remarkable increase of 32 % since the beginning of the year before it went back slightly and today has an increase of 26 %.