Tether boosts reserves with over $800 million in gold

• Tether's gold reserves surpass $800 million
• Tether Gold XAUT Rises on Demand for Hard Assets
• Gold tokenization gains momentum in the cryptocurrency market

Tether, the company known for issuing the USDT stablecoin, has advanced its asset diversification strategy by announcing that it holds more than $800 million in physical gold. The information is contained in the first certification report for Tether Gold (XAUT), released by BDO Italia.

According to the document, XAUT is now backed by 7,7 tons of physical gold, signaling a more aggressive move by Tether towards tangible assets. This volume represents a considerable reserve, especially in a market where trust in collateral is crucial.

???? @Tether_to released its first official attestation for Tether Gold ( $XAUT ) for Q1 2025:

– 7.7 tons of gold backing 246,523 XAU₮ tokens
– $770M market cap
– Fully regulated in El Salvador
– Each token = 1 troy ounce of real gold stored in Switzerland. pic.twitter.com/7PZRATpWfQ

— Satoshi Club (@esatoshiclub) April 28, 2025

The price of Tether Gold rose from $3.123 to $3.344 between the end of March and April, bringing XAUT’s market cap to $825 million. This growth reflects a trend towards physical assets and their representation in the cryptocurrency market.

Paolo Ardoino, CEO of Tether, commented on the strengthening of XAUT on social media, highlighting:
“As central banks hoard hundreds of tons of gold, XAUT is poised to become the default tokenized gold product for individuals and institutions.”

The statement comes amid a global movement by central banks, with 29% of them planning to increase their gold reserves next year, according to data from the World Gold Council.

Tether Gold’s success is based on its proposal to solve old problems of physical gold, such as storage, insurance and transportation costs. Tokenization allows investors to have access to the precious metal in a more practical way, without the need to deal directly with bars or vaults.

Despite the progress, analysts point out that Tether’s transparency remains a concern, similar to previous discussions involving USDT. Proving gold reserves is an important step, but part of the market still demands more robust financial disclosures.

With initiatives such as XAUT and the entry of competitors such as Paxos, the tokenized gold market tends to mature, consolidating new alternatives for those seeking to combine the stability of traditional assets with the cryptocurrency ecosystem.