Tether Gold (XAUT) Surges to $770M Market Cap Amid Global Gold Rush

  • Tethers gold-backed stablecoin, Tether Gold (XAUT), has reached a $770 million market capitalization as of April 28, following its first attestation under El Salvadors financial regulations. Backed 1:1 by 246,523.33 ouncesover 7.7 tonsof physical gold held in a Swiss vault, XAUT continues to gain traction among investors seeking stability.