A volatile macroeconomic landscape has sparked a new gold rush among institutional investors and central banks, with gold bullion hitting record highs this year — a trend that has also extended to Tether’s gold-backed digital token.
By the end of the second quarter, Tether Gold ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/tether-gold-price-index” title=”null”>XAUt) — a tokenized commodity offering direct exposure to physical bullion — was backed by 7.66 tons of fine troy ounces of gold, according to the company’s latest attestation data-ct-non-breakable=”null” href=”https://gold.tether.to/docs/reports/attestations/ISAE_3000R_-_Opinion_TGRR_30.06.2025_RC187322025BD0179.pdf” rel=”noopener nofollow” target=”_blank” title=”null”>report, verified by BDO Italia.
This reserve supports over 259,000 XAUt tokens in…

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