{"id":24334,"date":"2025-04-29T13:01:55","date_gmt":"2025-04-29T13:01:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24334"},"modified":"2025-04-29T13:01:55","modified_gmt":"2025-04-29T13:01:55","slug":"tether-own-over-800m-in-gold-a-look-inside-tethers-gold-reserve","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24334","title":{"rendered":"Tether Own Over $800M In Gold: A Look Inside Tether\u2019s Gold Reserve"},"content":{"rendered":"<div>\n<p>What is the difference between Tether printing money and a private organization like the Federal Reserve printing money? Nothing.<\/p>\n<p>And increasingly, Tether is becoming <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\">the new Fed<\/a>, as it has now announced that it is entering the precious metals market.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">The company just published its first attestation report for Tether Gold (XAUT), showing <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\">7.7 tons of physical gold<\/a> locked down as collateral. It\u2019s a bold move to bring receipts in a market that doesn\u2019t hand out trust easily.<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">A Glimpse into Tether Gold\u2019s Market Strength<\/h2>\n<p>Tether Gold (XAUT) is now officially backed by more than 7.7 tons of physical gold, according to a third-party attestation from BDO Italia released Monday. That\u2019s over $800 million in value.<\/p>\n<p>So who knows \u2014 maybe Tether is becoming better than the Fed?<\/p>\n<p>Riding a broader shift toward hard assets, XAUT rose from $3,123 to $3,344 between late March and April, pushing its market cap to $825 million. As XAUT grows, gold is having a moment\u2014and so is tokenized gold.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/twitter.com\/Tether_to?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@Tether_to<\/a> released its first official attestation for Tether Gold ( <a href=\"https:\/\/twitter.com\/search?q=%24XAUT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$XAUT<\/a> ) for Q1 2025:<\/p>\n<p>\u2013 7.7 tons of gold backing 246,523 XAU\u20ae tokens<br \/>\u2013 $770M market cap<br \/>\u2013 Fully regulated in El Salvador<br \/>\u2013 Each token = 1 troy ounce of real gold stored in Switzerland. <a href=\"https:\/\/t.co\/7PZRATpWfQ\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/7PZRATpWfQ<\/a><\/p>\n<p>\u2014 Satoshi Club (@esatoshiclub) <a href=\"https:\/\/twitter.com\/esatoshiclub\/status\/1916851396403466698?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 28, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Tether CEO Paolo Ardoino made sure to fan the flames, jumping on social media to frame XAUT as the stablecoin world\u2019s golden alternative.<\/p>\n<blockquote>\n<p>\u201cWhile central banks are stacking up hundreds of tons of gold, XAUT is set to become the standard tokenized gold product for the people and institutions,\u201d\u00a0said Ardoino.<\/p>\n<\/blockquote>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">His statement comes as central banks increasingly <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"noopener\">pivot toward gold<\/a>. A report from the World Gold Council revealed that <a class=\"general-link\" href=\"https:\/\/www.gold.org\/goldhub\/data\/2024-central-bank-gold-reserves-survey\" target=\"_blank\" rel=\"nofollow noopener nofollow\">29%<\/a> of central banks plan to boost their gold reserves within the next year.<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Why Tether XAUT and Gold Are Gaining Ground<\/h2>\n<p class=\"\" data-start=\"2250\" data-end=\"2379\">Digital gold solves a few old problems: no vaults, no insurance premiums, no shipping. XAUT promises bullion without the baggage.<\/p>\n<p class=\"\" data-start=\"2381\" data-end=\"2634\">But Tether\u2019s path to legitimacy is still under review. The recent attestation confirms the gold exists\u2014but critics say it\u2019s not enough. The lack of deeper financial disclosures continues to raise eyebrows, echoing familiar concerns from the USDT debate.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-232250\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-41-1024x287.png\" alt=\"\" width=\"1024\" height=\"287\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-41-1024x287.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-41-300x84.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-41-768x215.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-41-50x14.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-41-308x86.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-41-350x98.png 350w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-41.png 1535w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><\/p>\n<p data-start=\"2636\" data-end=\"2835\">(<strong><a class=\"general-link\" href=\"https:\/\/tether.to\/en\/transparency\/?tab=reports\" target=\"_blank\" rel=\"nofollow noopener nofollow\">Tether Reserves<\/a><\/strong>)<\/p>\n<p class=\"\" data-start=\"2636\" data-end=\"2835\">Even so, it seems like Tether is finally trying to clean up its act. With Paxos and others circling the same space, competition could finally force the tokenized gold market to tighten up\u2014or flame out.<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">The New Digital Standard?<\/h2>\n<p>XAUT gives risk-averse capital a path into crypto without leaving gold behind.<\/p>\n<p>Whether it becomes a flagship or just a flashy side bet, one thing\u2019s obvious: gold on-chain is starting to trend.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\">Best Meme Coin ICOs to Invest in 2025<\/a><\/strong><\/p>\n<p><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\"><b>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/b><\/a><\/p>\n<p>\u00a0<\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Increasingly, Tether is becoming the new Fed, as it has now announced that it is entering the precious metals market.     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Tether Gold (XAUT) is now officially backed by more than 7.7 tons of physical gold, according to a third-party attestation from BDO Italia released Monday.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        XAUT gives risk-averse capital a path into crypto without leaving gold behind.\u00a0.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/tether-own-over-800m-in-gold-a-look-inside-tethers-gold-reserve\/\">Tether Own Over $800M In Gold: A Look Inside Tether\u2019s Gold Reserve<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>What is the difference between Tether printing money and a private organization like the Federal Reserve printing money? Nothing. And increasingly, Tether is becoming the new Fed, as it has now announced that it is entering the precious metals market. The company just published its first attestation report for Tether Gold (XAUT), showing 7.7 tons [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24334","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24334"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24334\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}