As of April 28, 2025, Tether Gold (XAU₮) remains the highest market-cap, most secure, and compliant tokenized gold product globally.
Now officially regulated in El Salvador, Tether has released its first attestation under this new framework, confirming XAU₮’s strong gold backing and transparent operations.
Full Gold Backing and Secure Storage
Each XAU₮ token is backed 1:1 by one troy ounce of physical gold securely stored in a dedicated vault in Switzerland. Tether ensures high standards through the purchase of London Bullion Market Association (LBMA)-certified gold bars, with stringent verification and auditing procedures.
Key Q1 2025 Highlights:
- Total Gold Backing: 246,523.33 ounces (~7.7 tons)
- Price per XAU₮: $3,123.57
- Market Capitalization: $770 million
- XAU₮ All-Time High: $3,423 (April 21, 2025)
XAU₮’s growth during Q1 was fueled by global economic uncertainty, tariff fears, and heightened geopolitical tensions, reinforcing gold’s role as a resilient store of value.
Macro Trends: Global Gold Accumulation Accelerates
Gold has experienced a significant rally, with 2024 witnessing aggressive central bank purchases—especially from BRICS nations looking to diversify from U.S. dollar exposure.
Global Trends:
- Global Gold Reserves (2024): 37,755 metric tons
- Net Central Bank Purchases (2024): 1,044.6 metric tons
- These trends underline gold’s strategic role in preserving national and personal wealth, particularly in emerging economies.
XAU₮: Bridging Traditional Value with Digital Efficiency
Tether Gold offers users a blockchain-based solution that delivers the enduring trust of physical gold. Unlike non-compliant gold tokens, XAU₮ provides verifiable, physically backed ownership while adhering to strict regulatory and law enforcement collaboration standards.
XAU₮ is a financial lifeline for users in inflation-prone regions, offering an alternative to unstable fiat currencies while leveraging the security and speed of blockchain technology.
Future Outlook: Gold, Bitcoin, and a New Financial Era
While Bitcoin represents the future of digital finance, gold remains deeply ingrained as a trusted store of value. Tether believes that as education around Bitcoin grows, adoption will follow. However, gold’s role as a “family safety reserve currency” for the last 5,000 years ensures its continued relevance through XAU₮.
Tether CEO Paolo Ardoino highlighted:
“Tether Gold continues to demonstrate the strength and resilience of gold as a store of value, especially in times of economic uncertainty. With XAU₮, we’re offering users secure, easily transferable access to gold, backed 1:1 by fully held reserves.”
Source: https://coindoo.com/tether-gold-xau%E2%82%AE-solidifies-its-position-as-leading-tokenized-gold-product/