Tether has published its first attestation for Tether Gold (XAU₮), a major milestone signifying increased transparency within the digital gold market. The attestation reveals that over 7.7 tons of gold back these tokens, held securely in Switzerland. This marks a significant step towards greater trust and clarity for users. The attestation coincides with Tether’s commitment to provide secure and easy-to-transfer access to gold ownership through its XAU₮ offering. Investors are reacting positively to this news as increased geopolitical instability creates demand for digital gold. This has led to the recent surge in Tether Gold’s price, reaching an all-time high of $3,423 on April 21st, 2025. The rising demand for Tether Gold highlights institutional interest and confidence in tokenized assets, particularly amid economic uncertainties. This aligns with a historical trend as Tether further enhances transparency across its products. For more detailed information about verification processes, review the Mitrade Product Disclosure Statement.