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Tether releases audit report on gold tokenized product XAUT: supported by over 7.7 tons of physical gold

2025-04-28 15:26

Odaily News According to official news, Tether announced that its gold tokenized product Tether Gold (XAUT) is now compliant in El Salvador and has released the first official audit report on XAUT that complies with the new regulatory framework.
The report stated that each XAUT token is backed by 1:1 physical gold, which is securely stored in an exclusive vault in a world-class facility in Switzerland. The XAUT tokens in circulation are backed by more than 7.7 tons of physical gold.