Shenzhen Jiewo Rui defaults, with 20% clearance or 40% installment. The issue is 40x leverage betting: a deposit of tens of yuan locks in 1 gram of gold price, and if the gold price rises, the platform loses. Tether holds 140 tons of gold (worth $23.3 billion), and XAUT maintains strict 1:1 reserve without betting. XAUT has a market cap of $2.2 billion, accounting for 50% of the market; when gold prices rise, it gains $5 billion in appreciation, buying 1-2 tons weekly.

Tether CEO revealed to Bloomberg that the company holds 140 tons of gold (valued at $23.3 billion), stored in a Swiss nuclear bunker, with plans to buy 1-2 tons weekly. They have recruited HSBC traders to enter the arbitrage market. The gold stablecoin XAUT has a market capitalization of $2.32 billion, accounting for 50% of the market. The funds come from USDT treasury yields, and a compliant version USAT has been launched.

Tether is aggressively expanding its gold reserves, purchasing 1-2 tons weekly, totaling around 140 tons valued at $24 billion. Its gold-backed token, XAUT, is rising, and holdings are securely stored in a former Swiss nuclear bunker.

Tether now holds about 140 metric tons of gold, buying one to two tons weekly and ranking among the largest private holders. Gold purchases are funded by USDT profits, with bullion stored under direct custody in a secure Swiss bunker. XAUT represents roughly 60% of gold-backed

Gold prices break through $5,100 to hit a new all-time high, driving the market capitalization of tokenized gold to $5.25 billion. XAUT's market share drops from 60% at the end of 2025 to 50%, with a market value of $2.6 billion. Tether holds 520,089 ounces of gold, increasing holdings by 27 tons in Q4, surpassing most central banks, but competitors like PAXG and KAU are emerging. Societe Generale predicts gold prices will surge to $6,000 by the end of the year.

Gold prices break new high of $5,100 per ounce, driving the market capitalization of tokenized gold to $5.25 billion. Although XAUT's market share has decreased to 50%, its reserve size is approaching sovereign country levels, and gold price forecasts indicate further upward potential. Tether's increased holdings in gold demonstrate its growing market influence.

Recently, gold prices have approached $5,000, driving the market capitalization of the gold stablecoin XAUT past $2.1 billion. In contrast, Bitcoin's performance has been weak, hovering around $89,000, sparking intense discussions among analysts about the future trends of both assets, indicating that Bitcoin may be facing greater market challenges.

Gold prices hit a record high, driven by global uncertainty, prompting a major whale to rotate assets by selling gold for Ethereum. This shift hints at increased confidence in crypto as a store of value amid market volatility.

The concept of tokenized gold is moving in the right direction with the official release of XAUT, the gold-backed digital asset by Tether Gold, on the Mantle network. This growth is backed by crypto exchange Bybit, which has indicated complete deposits and withdrawals of XAUT on Mantle and has

Eligible Bybit users will now be able to earn up to 11% annual percentage rate (APR) on tokenized gold (XAUT) holdings. Tokenized gold, such as XAUT, is a demonstration of the importance of innovation in the financial sector. Bybit, the world’s second-largest cryptocurrency exchange in terms of t

1 Market Status and Landscape 1.1 Rapid Growth of the Gold RWA Market by 2025 • In terms of market capitalization, the gold RWA market has nearly tripled this year. According to CoinFound data, as of December 19, 2025, the total market value of gold RWA has exceeded $3 billion. At the beginning of 2025, the total market value was even less than $1 billion. • In terms of participants, additionally, the number of gold RWA assets and supporting ecosystems has grown rapidly this year, with more and more institutions entering this market. Before the beginning of 2025, the entire gold RWA market was quite quiet, with only XAUT ( Tether for a long time.

Author: Wenser, Odaily Planet Daily 2026, Survival is King. In the previous article "2026, Survive: A Bear Market Survival and Counterattack Manual for Crypto Enthusiasts," we systematically outlined this year's "survival strategies," emphasizing asset allocation in precious metals like gold as a key focus. For those aiming to hedge against inflation, fiat devaluation, and the falling US dollar exchange rate through gold, the next challenge is how to allocate gold-related assets. In this regard, based on the author's personal understanding, XAUT issued by Tether may be the best way for crypto enthusiasts to allocate gold assets. Coupled with Tether's recent launch of a new accounting unit "Scudo" for Tether Gold (XAU₮), the barrier to entry for gold tokens has sharply dropped to just a few dollars. This article

The article analyzes the investment value of the gold token XAUT in the crypto market, highlighting its advantages such as high market capitalization, low entry barrier, good liquidity, and leverage potential. In the context of a complex global economic environment, gold as an inflation hedge has attracted much attention. It is expected that gold prices will continue to rise until 2026, making XAUT the best choice for allocating gold assets.

In brief Rumble launched Rumble Wallet, a non-custodial crypto wallet built with help from Tether and MoonPay. The wallet will support Tether's dollar-backed and gold-backed tokens, USDT and XAUT, as well as Bitcoin. Shares of RUM have dipped slightly on the day and are down more

With Scudo, XAUT is broken into smaller pieces, making gold-backed tokens far more practical for on-chain use. The update expands XAUT utility beyond storage into payments and blockchain applications. Tether introduced Scudo as a fresh on-chain unit for XAUT, giving tokenized gold room to mo

Scudo lets users price and transfer digital gold using smaller units that are easier to understand and use daily. Tether kept XAUT fully backed by physical gold while only changing how value is measured onchain. Smaller gold units may support wider use of tokenized gold in payments

Tether has introduced a new fractional unit for Tether Gold aimed at making on-chain gold easier to price, transfer, and use as a payment asset. Summary Tether introduced Scudo, a new unit equal to one-thousandth of a troy ounce of gold, for XAUT. The change aims to simplify pricing and

Tether launches Scudo, creating a one-thousandth ounce measurement unit for tokenized gold XAUT, solving the last mile of gold payments. Tether Gold's market cap has doubled in a few months. Scudo is similar to Bitcoin's Satoshi, allowing users to intuitively price goods, and supports enterprises and AI agents deploying gold, stablecoins, and Bitcoin in self-custody wallets.

In brief Tether introduced the term Scudo on Tuesday to represent 1/1,000th of a troy ounce of gold. The stablecoin issuer thinks the term could bolster gold’s use in payments. Tether issues a gold-backed token, XAUT, and holds nearly $17 billion worth of gold. Tether moved to

The South Korean cryptocurrency market is poised for significant growth with XAUT's upcoming listing on major exchanges like Upbit and Bithumb. This gold-backed digital asset offers investors enhanced access and transparency in the crypto ecosystem.

Falcon Finance has opened the door for tokenized gold staking, adding XAUT to its expanding vault lineup as real-world assets continue to seep deeper into onchain finance. Falcon Unveils New XAUT Vault Falcon Finance is weaving tokenized gold into its growing staking roster, unveiling an XAUT

According to TechFlow on December 5, based on Coinmarketcap data, today's performance of the top 100 cryptocurrencies by market capitalization is as follows: Top 5 Gainers: Zcash (ZEC) up 7.77%, current price $379.96; TRON (TRX) up 1.46%, current price $0.2868; Tether Gold (XAUt) up 1.04%, current price $4,244.47; PAX Gold (PAXG) up 0.98%, current price $4,253.01; Nexo (NEXO) up 0.12%, current price $0.9806. Top 5 Losers: Canton (CC) down 9.51%, current price $0.06823; Aerodrome

When Bank of America (BoA) released a report setting the gold target price for 2026 at $3,000 to $5,000, a financial infrastructure revolution centered around gold in Hong Kong across the ocean is rapidly advancing with this expected "tailwind." In November 2025, two seemingly independent yet highly related news items ignited the RWA (Real World Assets) sector: First, HSBC launched a gold token in Hong Kong, which saw its trading volume exceed $1 billion in just two months, showcasing the astonishing dominance of traditional old money; second, Tether, the world's largest stablecoin issuer, was revealed to be heavily "poaching" top precious metal traders from HSBC in an attempt to solidify its dominant position with XAUT (Tether Gold). This is no longer just a success of a financial product, but a competition for dominance over the next generation of gold investment tools. “

Gate Research Institute: On November 24, the current price of BTC has fallen to around $86,600. If it continues to lose support from the short-term moving averages, it will face the risk of further testing the support range of $85,800–$84,500; the short-term trend of ETH shows a weak oscillation pattern, with the price encountering resistance and falling back after reaching around $2,840, currently consolidating around the $2,780 level; the price of GT formed a phase low around $9.24 after a rapid decline earlier, followed by a wide oscillation stabilizing and slowly climbing along the MA30. Furthermore, TNSR (+53.24%), PARTI (+41.58%), and DYM (+23.68%) have shown significant rises, indicating a noticeable increase in market enthusiasm for high-elasticity assets in the short term. Ethena's Q3 fee revenue reached a historic high, surpassing $150 million; the video sharing platform Rumble has launched the Rumble Wallet, supporting tipping functions for BTC, XAUT, and USDT; Wormhole Labs has launched Sunrise, bringing assets like MON into the Solana ecosystem.

According to the latest report from Jefferies Investment Bank, the stablecoin issuer Tether's gold reserves have reached 116 tons, making it one of the world's largest non-sovereign gold holders, comparable in size to some small central banks. The company increased its gold holdings by approximately 26 tons in Q3 2025, accounting for 2% of global gold demand that quarter, with 12 tons backing the XAUt token and 104 tons supporting the USDT stablecoin.

Tether's latest reserve report shows that as of September 2025, the company holds gold valued at over $12.9 billion, surpassing the reserves of the Central Banks of countries like Australia, Czech Republic, and Denmark, ranking among the top 30 globally. In the past year, the Central Banks of countries such as China, India, Poland, and Turkey have collectively purchased over 1,100 tons of gold, setting a new record since the collapse of the Bretton Woods System.

The value of tokenized gold has exploded over the past few months, driven by both adoption and rising macroeconomic risks. Summary Tokenized gold reached an all-time high at $3.6 billion Tether's XAUT and PAX Gold dominate the tokenized gold market Gold on the blockchain rose 50x in value sin

Tether is hiring two of the world's most senior precious metals traders from HSBC Holdings. This stablecoin giant is leveraging its strong financial resources to build a massive gold reserve. Bloomberg calculations show that over the course of a year until September, an average of more than one ton of gold was added weekly. Tether Gold (XAUt) has a circulating value of about $2 billion, supported 100% by approximately 1,300 gold bars, replicating central bank strategies to challenge dollar dominance.

According to Mars Finance, the stablecoin issuer Tether has become one of the largest buyers of gold in the market. Currently, the reserve assets of USDT include gold, and its latest reserve report shows that the gold held by the company is valued at over 12 billion USD, with an average weekly increase of over 1 ton of gold in the past year. It is reported that this statistic does not include the gold reserves of its gold-backed stablecoin (XAUT), nor does it account for private gold investments made with Tether's billions of dollars in profits.

Tether is strategically transforming by tokenizing gold products like XAUT, the renminbi stablecoin CNHT, and the pound stablecoin GBPT, expanding its product line to a multi-asset, compliant market. Its newly launched USDT0 aims to achieve cross-chain liquidity and enhance trust. This expansion reflects the diversification trend in the stablecoin market, focusing on compliance and regional adaptability.

Tether's XAUT, a gold-backed digital token, has reached a market cap of $2 billion, dominating the $3.71 billion tokenized gold market. The company's gold reserves fully match the tokens in circulation, underscoring XAUT's significant market presence.

Tether’s digital asset backed by physical gold reserves just surpassed $2 billion in market value, solidifying its position as the top tokenized gold asset. By the end of Q3, the company says Tether Gold’s (XAUT) market cap hit $1.44 billion, and then surged to nearly $2.1 billion in the

DBS and Goldman Sachs conduct the first OTC interbank crypto options trade for Bitcoin and Ether. Tether's gold-backed XAUT reaches a $2.1B market cap. CME records high XRP and Solana futures interest. New staked Bittensor TAO ETP is launched, and Ethereum's Fusaka upgrade prepares for mainnet launch. PayPal's shares rise due to OpenAI partnership and positive Q3 results.

Stablecoin giant Tether announced that its gold-backed token Tether Gold (XAUT) has surpassed a market capitalization of 2 billion dollars, reaching approximately 2.1 billion dollars, solidifying its position as a cornerstone asset in the realm of physical assets (RWA). This milestone was achieved against the backdrop of global gold prices soaring past 3,850 dollars per ounce, demonstrating strong institutional demand for verifiable hard assets driven by geopolitical turmoil and global inflation. Each token of XAUT is backed 1:1 by physical gold bars stored in Swiss vaults, successfully merging the security of physical gold with the operational convenience of digital tokens.

The Tether Gold price has seen a significant pullback, with the XAUT token trading around 9% below its all-time high, reflecting both short-term profit-taking and market volatility. Despite this dip, the token’s growing integration into decentralised finance (DeFi) ecosystems, most notably

According to Mars Finance news, Tether announced that its tokenized gold Tether Gold (XAUT) has a market capitalization exceeding 2 billion USD. Tether's total physical gold reserves amount to 375,572.297 troy ounces, stored in Switzerland, fully compliant with the London Good Delivery standards, with a total circulating supply of XAUT tokens being 522,089.3 coins.

As the spot gold price plummeted to $4,122 per ounce, marking the largest intraday drop since 2013, the prices of tokenized gold Tether Gold (XAUt) and PAX Gold (PAXG) have both fallen over 6% in the past 24 hours. Despite a slight recovery in the overall crypto market, with Bitcoin prices rising above $112,000, these two major tokenized gold tokens have declined against the trend, prompting analysts to speculate that capital is flowing out of gold and rotating into Bitcoin. However, with Bitcoin again retreating to around $108,000, it remains uncertain whether this trend can be maintained.

According to Mars Finance, Tether CEO Paolo Ardoino shared data on the X platform showing that the market capitalization of Tether's gold-backed stablecoin Tether Gold (XAUT) has surpassed 2 billion USD, reaching 2,213,783,821 USD, setting a historical high, with a circulating supply of 522,089 Tokens. In addition, the total market capitalization of the tokenization gold zone has now exceeded 3.95 billion USD, once reaching 3,950,937,387 USD, also setting a new high, with a 24H rise of 15.4%.

As gold prices continue to hit historic highs, gold-backed crypto tokens (tokenized gold) have become a unique investment vehicle, with a total volume exceeding $3 billion and a daily trading volume surpassing $600 million, making it the fastest-rising tokenized asset class to date. On-chain data shows that over the past week, two crypto whales purchased more than $30 million worth of Tether Gold (XAUt). Analyst Alex Tapscott predicts that as gold prices break through $4,000, the trading volume of tokenized gold could soar, as this asset builds a psychological bridge between traditional finance and Decentralized Finance.

Tether has expanded its stablecoin products to Solana through the cross-chain interoperability framework Legacy Mesh, introducing USDT0 and Tether Gold (XAUt) to the network. This allows Solana to access over $175 billion in cross-chain liquidity, supporting institutional-grade use cases such as dApps, payments, treasury management, and collateralized lending. Bitwise Chief Investment Officer Matt Hougan believes that Solana is poised to win favor on Wall Street and become the preferred network for banks to conduct stablecoin transactions. This significant favourable information is expected to help Solana's price break through the early high of $300, with a long-term target set at $1000, representing a potential rise of up to 415%.

Daily trading volume of tokenized gold hit $1 billion for the first time amid U.S.-China trade war concerns. The cumulative volume of tokenized gold since the U.S. government shutdown surpassed $10 billion, overtaking iShares Gold Trust. XAUT took a central stage in this rally, accounting for

According to Mars Finance, Tether has issued over 600 million USD in gold-backed stablecoin XAUT since May.

Tether CEO Paolo Ardoino asserted in a post on the X platform last Sunday: "Bitcoin and Gold will outlast any other currency." This extremely succinct statement aligns with the reserve diversification strategy that its stablecoin issuer Tether has been consistently implementing over the past two years. Since May 2023, Tether has announced that up to 15% of its net operating profit will be used to purchase Bitcoin, while also positioning gold as another strategic pillar in its reserves through the issuance of XAUt and seeking upstream investments.

Vào ngày 11 tháng 10, trong khi Bitcoin và Ethereum phải đối mặt với sự giảm sút đáng kể, các token được hỗ trợ bởi vàng như PAXG và XAUt vẫn ổn định hoặc tăng nhẹ, phản ánh vai trò lịch sử của vàng như một nơi trú ẩn an toàn trong tài chính. Hội đồng Vàng Thế giới cảnh báo rằng giá vàng đang tăng có thể sớm đạt mức quá mua, gợi ý một sự điều chỉnh ngắn hạn tiềm năng. Trong khi đó, thị trường crypto rộng lớn hơn có thể mất nhiều thời gian hơn để phục hồi do thanh khoản chặt chẽ và tâm lý nhà đầu tư thận trọng giữa những căng thẳng thương mại gia tăng giữa Mỹ và Trung Quốc.

On October 9th, the overall crypto market continued its fluctuating and divergent trend, with BTC rising slightly by 0.46%. SOL led the rise among mainstream assets, while ETH and XRP performed relatively weakly. The AI and infrastructure concept zones were active, with LAVA experiencing a big pump of nearly 198%, benefiting from the heightened narrative of "stablecoin migration and on-chain data infrastructure"; COAI launched contracts and expanded ecological cooperation, rising over 80% within 24 hours. The rise in gold drove XAUT's market capitalization to surpass 1.5 billion USD, increasing the attention on tokenization assets; BlackRock's Bitcoin ETF IBIT approached 100 billion USD, becoming the leading revenue product under its umbrella; Uniswap's TVL broke through 7 billion USD, with V4 progress and multi-chain expansion boosting the protocol's activity.

Tether and Antalpha are reportedly planning a new digital asset treasury focused on Tether’s gold-backed token, XAUT, aiming to raise $200 million. This venture could increase interest in tokenized gold, distinct from traditional crypto assets.

Tether Gold (XAUt) is nearing a $1.5 billion market cap, backed by over 11,693 kg of gold. Its price surged 46% in a year, driven by rising gold prices and expectations of Fed rate cuts. Tether also plans to establish a company focused on tokenized gold.

Tether launches a $200M crypto fund with Antalpha to expand XAUT gold holdings, boosting stability and institutional crypto adoption. Tether, the world’s largest stablecoin issuer, is planning a new $200 million crypto fund. It will collaborate with Antalpha Platform Holding, which is based in

According to a report by Bloomberg, Tether and the financial service company Antalpha Platform Holding, which works closely with the crypto assets miner Bitmain, are raising at least $200 million for a digital asset financial company (DAT) to reserve Tether's gold token XAUt. Tether collaborates with Bitmain financing partner Antalpha. The Antalpha Platform Holding, which collaborated with Tether, went public on Nasdaq this May under the stock code ANTA. It is a crypto financial technology company focused on providing financing, technology, and risk management solutions for Bitcoin miners. Headquartered in Beijing, Bitmain ( supplies about 82% of the global Crypto Assets mining machines, and