Tether Gold (XAUt) reserves increased 9.5% in Q2 despite gold's 14.1% decline, reflecting demand for tokenized gold. Holdings rose 36% year-to-date, with XAUt now valued at $2.4 billion.
Tether Gold (XAUT) has been recognized as an Accepted Spot Commodity in Abu Dhabi Global Market (ADGM), enabling regulated firms to offer services involving the tokenized gold asset. This follows USDt's prior acceptance and supports business growth, with XAUT's TVL tripling to $2.86 billion.
Tether’s XAUt tops $3.3 billion as gold reserves reach 154 tons, with demand rising amid geopolitical tensions and shifting expectations for Federal Reserve policy.
