- Tether Gold’s Q1 attestation confirms over 7.7 tons of gold backing, signaling rising demand across emerging markets amid instability.
- XAUt offers fully reserved, LBMA-certified gold backing with secure Swiss vault storage, standing apart from paper gold alternatives.
- Paolo Ardoino says XAUt merges gold’s legacy with blockchain efficiency, ensuring transparency and compliance in volatile financial times.
Tether has published its first quarterly attestation for XAUt, revealing that more than 7.7 tons of physical gold back the token. This highlights growing adoption in emerging markets and reinforces XAUt’s position as a leading tokenized gold product. Besides, with a market capitalization reaching $770 million and a token price of $3,123.57, demand surged amid global financial instability.
The attestation confirms 246,523.33 ounces of LBMA-certified gold stored in secure Swiss vaults. Each XAUt is backed 1:1 by one troy ounce of gold. Additionally, strict protocols such as certificate verification and gold assays further ensure compliance. Hence, Tether positions XAUt as a secure, transparent alternative to paper gold tokens.
Rising Demand in a Shifting Monetary Climate
XAUt saw increased traction during Q1 2025 due to rising inflation fears, trade tensions, and currency volatility. Moreover, geopolitical uncertainties and inflationary concerns led investors to seek stable, tangible stores of value. Central banks purchased over 1,000 metric tons of gold in 2024, led by BRICS nations diversifying away from U.S. dollar dependence.
Therefore, XAUt’s value proposition as a digital gold-backed asset became newly relevant. In contrast to paper-gold products, XAUt has a completely reserved model, providing transparency and auditability. In addition, its increasing adoption in emerging markets highlights gold’s long-standing role in wealth preservation.
Paolo Ardoino: “Digital Gold for the Real World”
Paolo Ardoino, Tether CEO, emphasized the product’s mission: “With XAUt, users access secure, physical gold in a digital form.” Additionally, he noted that while Bitcoin education remains a long-term focus, gold remains familiar and trusted globally.
Moreover, Ardoino stated, “Tether Gold bridges centuries-old trust in gold with the efficiency of blockchain.” He added that Tether’s legal frameworks and collaborations with law enforcement agencies build user confidence and regulatory resilience.
XAUt continues to grow as both institutional and individual investors turn to gold amid macroeconomic shifts. Significantly, new exchange listings and compliance strengths further support its credibility and expansion.
