Tether Gold Bullion Holdings Rise 59% This Year to 25.7 Tons at End of Third Quarter
Summary
- Tether said Tether Gold (XAUT)’s physical gold holdings rose 59% from the end of last year to about 25.7 tons at the end of the third quarter this year.
- It said XAUT reached a market capitalization of $3.44 billion and that tokens in circulation maintain a 1:1 ratio with physical gold.
- Chief Executive Officer Paolo Ardoino said gold holdings increased despite volatility in the gold market, and that the digital gold market could generate potential demand of about $700 billion.
Forecast Trend Report by Period
Tether Gold (XAUT), Tether’s gold-backed cryptocurrency, held about 25.7 metric tons of physical gold at the end of the third quarter, up 59% from the end of last year.
In a report released on Nov. 4, Tether said XAUT’s physical gold holdings totaled 827,400 troy ounces, or about 25.7 metric tons, at the end of the third quarter. That compares with 16.2 tons at the end of 2025, an increase of about 59%.
XAUT’s market capitalization stood at $3.44 billion. Tokens in circulation are backed one-to-one by physical gold, with each token supported by one troy ounce of bullion.
The reserve assets consist of gold that meets the London Good Delivery standard and is stored in Switzerland. Tether holds 2,057 gold bars.
Chief Executive Officer Paolo Ardoino said XAUT’s gold holdings increased despite volatility in the gold market. Citing World Gold Council estimates, he added that the digital gold market could generate about $700 billion in potential demand.
JH Kim
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