Tether has taken a major step toward transparency and market trust with the publication of its first official attestation for Tether Gold (XAUT) for Q1 2025. According to the report, Tether holds over 7.7 metric tons of LBMA-certified gold stored in Switzerland, backing every single XAUT token 1:1. This verification provides critical reassurance to users as XAUT’s market capitalization continues to rise amid growing global demand for inflation-proof assets.
As of April 28, the token’s market cap had surpassed $770 million, with each token valued at $3,123.57. XAUT also recently touched an all-time high of $3,423, supported by a surge in 24-hour trading volumes and escalating interest from investors seeking alternative assets.
Tether’s attestation comes at a time when macroeconomic uncertainty and geopolitical instability are pushing institutions and nations to diversify away from traditional financial instruments. Central banks worldwide accumulated over 1,000 tons of gold in 2024, according to the World Gold Council—further validating gold’s enduring appeal as a hedge against systemic risk.
Unlike traditional gold ETFs or custodial products, XAUT offers digital-native ownership on blockchain rails while maintaining strict regulatory oversight. Tether stores its physical reserves under secure, fully-audited conditions, implementing detailed checks on every stage of the acquisition and custody process.
CEO Paolo Ardoino underscored Tether’s commitment to providing users with resilient financial tools, stating that “Tether Gold represents the best of two worlds: the historic value of gold and the efficiency of modern blockchain.” Ardoino highlighted that despite gold’s market volatility, the real value proposition for XAUT lies in the integrity of its reserves rather than short-term price movements.
The attestation follows a series of strategic initiatives by Tether to strengthen regulatory compliance. With new registration under El Salvador’s blockchain frameworks and collaborations with global accounting firms, Tether Gold is positioning itself to meet rising regulatory expectations. Moreover, the firm has actively engaged with U.S. lawmakers, contributing to broader stablecoin and asset-tokenization policy discussions.
As Tether’s diversification strategy gains momentum—with major investments in mining, AI technology, and tokenization platforms—Tether Gold remains one of its flagship products, marrying the ancient reliability of gold with the cutting-edge flexibility of crypto.
