Tether Own Over $800M In Gold: A Look Inside Tether’s Gold Reserve

What is the difference between Tether printing money and a private organization like the Federal Reserve printing money? Nothing. And increasingly, Tether is becoming the new Fed, as it has now announced that it is entering the precious metals market. The company just published its first attestation report for Tether Gold (XAUT), showing 7.7 tons.. The post Tether Own Over $800M In Gold: A Look Inside Tether’s Gold Reserve appeared first on 99Bitcoins.

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Apr 29, 2025 - 21:01

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Tether Own Over $800M In Gold: A Look Inside Tether’s Gold Reserve

What is the difference between Tether printing money and a private organization like the Federal Reserve printing money? Nothing.

And increasingly, Tether is becoming the new Fed, as it has now announced that it is entering the precious metals market.

The company just published its first attestation report for Tether Gold (XAUT), showing 7.7 tons of physical gold locked down as collateral. It’s a bold move to bring receipts in a market that doesn’t hand out trust easily.

A Glimpse into Tether Gold’s Market Strength

Tether Gold (XAUT) is now officially backed by more than 7.7 tons of physical gold, according to a third-party attestation from BDO Italia released Monday. That’s over $800 million in value.

So who knows — maybe Tether is becoming better than the Fed?

Riding a broader shift toward hard assets, XAUT rose from $3,123 to $3,344 between late March and April, pushing its market cap to $825 million. As XAUT grows, gold is having a moment—and so is tokenized gold.