Tether Gold (XAU₮) Boasts $770 Million Market Cap After New Attestation Release

Tether, the leading issuer of stablecoins, has released its first official attestation report for Tether Gold (XAU₮), a token backed by real gold. The report, issued at the end of Q1 2025, confirms that XAU₮ is backed by over 7.7 tons of gold, solidifying its position as the largest tokenized gold product in the market. This attestation is particularly significant because it demonstrates XAU₮’s adherence to El Salvadoran law, enhancing transparency and user confidence.