Tether Mints $494 Million in XAUt Gold-Backed Tokens
Key Facts
Tether minted $494 million worth of XAUt gold-backed tokens to enhance liquidity in digital assets. Crypto Briefing reported that the move aims to expand Tether's footprint in tokenized real-world assets (RWA) and provide broader access to gold-backed financial instruments.
The issuance reflects a strategic effort to strengthen the Tether ecosystem beyond its USDT stablecoin amid growing demand for tokenized commodities. The company continues to position tokenized gold as a bridge between stable real-world assets and on-chain payment systems.
Latest Updates · 3
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Update: Tether has partnered with Shiga to launch self-custodial financial products supporting XAUt and Bitcoin. This partnership aims to expand the utility of tokenized gold and digital assets across Africa and the GCC region.
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Update: The latest minting brought Tether Gold's total market capitalization to approximately $2.84 billion on September 29, 2026. This new issuance represents an increase of about 17% in the total supply of the company's gold-backed tokens.
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Update: The new minting represents approximately 17% of XAUt's circulating market value. These tokens are fully backed by physical gold held in Swiss vaults to secure the value of the tokenized assets.