Tether discloses physical gold reserves totaling 375,572.297 troy ounces

ChainCatcher news, according to official sources, Tether announced that the market capitalization of its tokenized gold product, Tether Gold (XAUT), has surpassed $2 billion. Tether's total physical gold reserves have reached 375,572.297 troy ounces, with the gold reserves stored in Switzerland and fully compliant with the London Good Delivery standard. The total circulating supply of XAUT tokens is 522,089.3.