Tether has minted approximately $494.6 million worth of Tether Gold (XAUT), a cryptocurrency token backed by physical gold. This issuance expands the availability of XAUT, which differs from Tether's usual USDT stablecoin by being tied directly to gold assets. The move highlights growing interest in tokenized precious metals as alternative digital investments. Investors may view this as a way to gain exposure to gold through blockchain technology.
As of Sep 29, 2026 19:32 WIB, Tether's USDT stablecoin trades at Rp17.956 with a slight 1-day decrease of 0.07% on Pluang. The platform shows a market cap of Rp3.296,35 trillion for USDT and a 24-hour trading volume of Rp1.426,68 trillion. This data provides context to Tether's expansion into gold-backed tokens like XAUT, highlighting the scale of its stablecoin presence alongside nearly $495 million minted in XAUT tokens.
Tether recently minted $494.57 million worth of its gold-backed XAUT tokens, increasing the supply of tokenized gold assets significantly. XAUT tokens are backed one-to-one by physical gold stored in Swiss vaults, ensuring their value is tied directl...
A Senate Democratic report alleges that Tether's USDT stablecoin is central to Iran's shadow banking network, linking it to sanctioned crypto addresses and groups like Hezbollah and Hamas. The report criticizes Tether for slow action on freezing illi...
U.S. Senate Democrats on the Homeland Security and Governmental Affairs Committee accused Tether's USDT stablecoin of facilitating Iran's evasion of international sanctions. They highlighted that Iran's shadow banking network processed about $20 bill...
A Senate subcommittee report alleges that Tether's USDT stablecoin is a key financial tool in Iran's sanctions evasion network, with Iran conducting about $2 billion in transactions in 2025. The report claims Tether delayed freezing Iran-linked walle...
A Senate Democratic report alleges that the USDT stablecoin Tether is extensively used by the Iranian government to bypass international sanctions, facilitating an estimated $2 billion in transactions last year. The report criticizes Tether for incon...
