Altcoins News

Story: Tether’s Tokenized Gold Reserves Exceed 11.6 Tons as Market Cap Surges Past $2 Billion

By Dan Saada

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Gold-Backed Token Demand Surges Across Emerging Markets. In an interview with CoinDesk, Tether CEO Paolo Ardoino explained that the rapid rise in XAUT’s…

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Inflation, Geopolitical Tensions, and Central Bank Demand Fuel the Rally. The recent rally in both physical gold and XAUT coincided with a broader macroeconomic shift.

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How Tokenized Gold Works. Tokenized gold allows investors to own digital representations of physical gold on a blockchain,…

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Tokenized Assets Gain Traction in Global Finance. The success of Tether Gold reflects a broader industry trend toward real-world asset tokenization…

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A New Chapter for Gold and Digital Finance. Tether’s growing gold reserves underscore how traditional and digital finance are increasingly…

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Tether, the issuer of the world’s largest stablecoin USDT, expanded its tokenized gold holdings to over 11.6 tons during the third quarter of 2025, according to company data.

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Issued by TG Commodities under El Salvador’s digital asset framework, each XAUT token is pegged 1:1 to a fine troy ounce of physical gold stored in Switzerland.

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The milestone highlights how investors are increasingly turning to tokenized commodities as a safe-haven asset amid global economic uncertainty.

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In an interview with CoinDesk, Tether CEO Paolo Ardoino explained that the rapid rise in XAUT’s market capitalization was primarily driven by retail investors in emerging…

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“Demand for tokenized gold has been accelerating, especially in countries where access to financial products like ETFs or metal accounts remains limited,” Ardoino said.

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Emerging markets such as Turkey, India, and parts of Latin America have shown heightened interest in digital gold products.

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Investors sought refuge in tangible assets as global uncertainty intensified, with geopolitical tensions and slowing economic growth amplifying the appeal of gold.

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As a result, XAUT’s market capitalization climbed more than $1.4 billion in Q3 alone, continuing its upward trajectory into October.

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Tokenized gold allows investors to own digital representations of physical gold on a blockchain, combining the stability of a tangible asset with the flexibility of digital…

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Each Tether Gold (XAUT) token represents ownership of one troy ounce of physical gold, fully backed by reserves stored in secure Swiss vaults.

The Currency Analytics

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