Tether Confirms $770M in XAUt Reserves for Q1 as Demand for Non-USD Stablecoins Grows
Tether released its first official attestation for gold-backed stablecoin, Tether Gold (XAUt), for Q1 2025. XAUt recently touched a major milestone by hitting $817 million in market capitalization as of April 28, 2025. The company report under El Salvador’s new regulatory framework reveals that each XAUt token is backed 1:1 by physical gold, with more … Read more
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