Tether Gold Nears $1.5B Market Cap

[chainsniff]

Tether Gold (XAUt), the gold-backed digital token, is closing in on a $1.5 billion market capitalization. With 966 gold bars backing the token—totaling 11,693 kg—XAUt has seen strong demand as gold prices hit all-time highs. Around 262,000 ounces are currently in circulation, worth roughly $1.01 billion.

[EmTeam]

That’s a milestone worth noting. Stable and asset-backed tokens are clearly gaining traction.

[jacson4]

$1.5B cap shows growing confidence in real-asset crypto projects. Tether Gold is leading that charge.