Tether issued approximately $494.57 million worth of Tether Gold (XAUt) on September 29, representing about 17% of the token's circulating market capitalization. This issuance is significant as it adds a large amount relative to XAUt's current market cap of around $2.84 billion. Unlike Tether's USDT stablecoin, this issuance involves the gold-backed token XAUt, which is tied to physical gold. The move highlights growing interest and expansion in tokenized gold assets within the crypto market.
Tether's issuance of approximately $494.57 million in Tether Gold (XAUt) represents about 17% of the token's circulating market cap. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 29, 2026 19:03 WIB: out of 50 major cryptocurrencies, 39 rose and 10 fell. Notable movers include AXS at Rp20.627 (+3.74%), EGLD at Rp82.971 (+3.72%), and ENJ at Rp542 (+3.68%).
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