Tether Gold token value tops $3.3B as physical gold reserves jump 36% in Q1 2026.

Tether's Tether Gold token (XAUT) reached a market value exceeding $3.3 billion by March 31, 2026, backed by approximately 707,747 ounces of physical gold, a 36% increase from the end of 2025. This growth reflects rising investor demand for gold-backed digital assets amid record-high gold prices and global economic uncertainty. Tether's total gold holdings, including reserves backing USDT, now total about 132 tons worth $19.8 billion, positioning the company as one of the largest non-sovereign gold holders. The company aims to allocate 10-15% of its non-Treasury portfolio to physical gold as a strategic hedge against market volatility.