Tether Gold market cap approximately $2.837 billion at end of Q2, investor holdings grow 9.5%
2026-08-03 15:41
Odaily News: Tether Gold (XAU₮) investor holdings grew 9.5% in Q2. As of 23:59 UTC on June 30, 2026, 612,823.66 XAU₮ tokens had been sold, an increase of 53,225.02 tokens from the end of Q1, corresponding to an additional 1.66 tonnes of ownership in the physical gold reserves already held.
As of the end of Q2, XAU₮ physical gold reserves stood at 707,747.139 troy ounces, approximately 22.01 tonnes, with a total market value of approximately $2.837 billion. Each XAU₮ is backed 1:1 by at least one troy ounce of physical gold. The reserves include 1,759 London Good Delivery gold bars and smaller bars, all stored in Switzerland.
Tether CEO Paolo Ardoino stated that while gold experienced its largest quarterly pullback in 13 years during Q2, investors continued to increase their XAU₮ holdings. Tether International SA de CV purchased approximately 27.1 tonnes of gold in the first half of the year through June 2026, averaging 4.5 tonnes per month.
As of the end of Q2, XAU₮ physical gold reserves stood at 707,747.139 troy ounces, approximately 22.01 tonnes, with a total market value of approximately $2.837 billion. Each XAU₮ is backed 1:1 by at least one troy ounce of physical gold. The reserves include 1,759 London Good Delivery gold bars and smaller bars, all stored in Switzerland.
Tether CEO Paolo Ardoino stated that while gold experienced its largest quarterly pullback in 13 years during Q2, investors continued to increase their XAU₮ holdings. Tether International SA de CV purchased approximately 27.1 tonnes of gold in the first half of the year through June 2026, averaging 4.5 tonnes per month.
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