Tether Gold (XAUT), market cap surpasses $2.2 billion… tokenized gold market also hits record high
Suehyeon Lee
Summary
- It was reported that Tether-issued Tether Gold (XAUT)'s market capitalization surpassed $2.2 billion, setting a record high.
- According to CoinGecko data, Tether Gold (XAUT)'s market capitalization was 2,219,853,037 dollars, and its circulating supply was 522,089 units.
- The overall tokenized gold market also reached a record high at 3,950,937,387 dollars, rising 15.4%% over 24 hours.
Tether's gold-backed stablecoin 'Tether Gold (XAUT)' has reached a record high market capitalization.
On the 18th (local time), according to CoinGecko data, Tether Gold's market capitalization was 2,219,853,037 dollars, marking the first time it surpassed 2 billion dollars. Circulating supply was 522,089 units.
The growth across the tokenized gold market is also notable. The total market capitalization of the tokenized gold sector, including gold-backed stablecoins, was 3,950,937,387 dollars, rising 15.4% over 24 hours to also reach a record high.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
