Tether CEO Paolo Ardoino said: reacted To the latest market cap milestone from The company’s proprietary gold stablecoin Tether Gold (XAUt).
For context, Tether Gold has the following characteristics: Saw substantial growth In recent months, it recently surpassed the $1.5 billion market cap mark as Saw In the chart shared by analytical and market research companiesduct research.
This surge has been particularly noticeable since August 2025 and reflects the growing interest in stablecoins tied to precious metals. According to CoinGecko data, XAUt is trading at $4,038, 4.7%. increase Up 7.4% in the past 7 days in past two weeks. this It is a reflection of gold performance.
his reaction show growing excitement around it The success of gold-backed stablecoins cryptography space. This spike also coincided with a jump in the spot price of gold, which was $4,038. meanwhile This press machine. Gold is impressive push It happened right after the U.S. government shutdown. it is Encourage investors to move to safe assets.
Notably, prior to the August surge, Tether Gold was stalled in the market. cap Between $600 million and $900 million. continued to grow Steady. This modest increase highlighted the slow but consistent adoption among investors seeking stable assets backed by gold.
Additionally, the company recently revealed Total minting amount of Tether Gold supply 375,572.25 oz, now 281,961.71 oz circulating At the market. Additionally, 93,610.54 oz is still available for purchase.
Institutions accumulating Tether Gold?
You will also receive notifications like this only Days after Antalfa, a financial company with ties to Tether and Bitmain, announced Raised $200 million for Tether Gold’s finance-focused entity. The goal of this effort is to use the funds to acquire and accumulate XAUt.
Additionally, in September, Antalpha expanded its collaboration with Tether and added new lending services through XAUt. If this latest effort is successful, the market capitalization will increase further.
Gold tokens are on the rise
As it turns out, XAUt isn’t the only gold token on the rise. Notably, the entire tokenized gold ecosystem grew by 1.4%, reaching a market capitalization of $3.09 billion. In addition, Pax Gold (PAXG), hovering around $1.22 billion By market capitalizationsoared 4.38%, ranking second behind Tether Gold. in Past 7 days.
Tether Gold Leads the Tokenized Gold Market
Another notable performance is Kinesis Gold (KGT), which has a market cap of $186 million and is slowly growing.
