The market capitalisation of Tether Gold (XAUT), a stablecoin backed by gold, has risen to an all-time high.
Data at press time indicates that Tether Gold’s market capitalisation reached $2 billion for the first time, reaching $2,219,853,037 while its total supply stands at 522,089 XAUt
$XAUT Price Actions
The Tether Paolo Ardoino CEO, says, “XAUT demand is increasing daily. Both institutional and retail. Bitcoin and Gold are against a financial world descending into darkness.”
It’s also noteworthy how much the tokenised gold market has grown. In addition to reaching a new high, the tokenised gold sector’s overall market capitalisation, which includes gold-backed stablecoins, increased 15.4% in a single day to $3.9 billion. It is trading at $4,239.90 and is now down by 2.42%.
Also Read: Tether Donates $250,000 To OpenSats To Fund Bitcoin Public-Goods And Freedom-Tech
Other developments
Tether has begun discussions about investing in gold mining and the larger gold supply chain. The topics of discussion include commerce, royalty agreements with mining organisations, and refining.
The action is in line with Tether’s lengthy history of purchasing actual gold and creating associated goods. According to company executives, the strategy would be an additional means of converting stablecoin income into tangible goods.
We previously reported in August, Tether Gold, backed by real assets in Switzerland, has reached a significant milestone with a market valuation of more than $1.25 billion. The market cap has increased by over $1 billion in the last 60 days to now $2.2 billion, which indicates growing demand from the Tathers gold-backed token $XAUt
Also, according to Tether Holdings SA, it now owns $8 billion in gold in a private vault in Switzerland that it constructed and has complete control over.
According to Paolo Ardoino, the corporation presently has about 80 tons of gold. Tether is now one of the biggest non-bank and non-government gold holdings in the world as a result of the recent development.
Furthermore, we revealed in October that the CEO of Tether has cleared the deck regarding Tether’s holdings and reserves, demonstrating that the stablecoin is not attracting any issues of any kind.
Paolo Ardoino presented a breakdown of the reserve assets backing the company’s Tether-USD stablecoin at the Lugano’s PlanB event in Switzerland in response to rumours that the US Department of Justice and the Treasury were looking into the business.
In June 2025, Tether Investments, a division of the Tether Group, aquired a significant portion of Elemental Altus Royalties, a Canadian gold royalty firm, a division of the Tether Group. La Mancha Investments sold more than 78 million ordinary shares to Tether.
Tether has witnessed a lot of developments in 2025, and even though it has faced a lot of problems in the European region due to the new MiCA regulations, its advancement in other areas is clear proof that it is an active contributor to the development of the crypto and blockchain industry.