Tether Gold market cap reaches approximately $2.837 billion at end of Q2, investor holdings grow 9.5%
2026-08-03 15:41
Odaily Planet Daily News: Tether Gold (XAU₮) saw investor holdings grow 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 compared to the end of Q1, corresponding to an additional 1.66 tonnes of ownership in the physical gold reserves.
At the end of Q2, XAU₮'s physical gold reserves stood at 707,747.139 troy ounces, approximately 22.01 tonnes, with a total market cap of approximately $2.837 billion. Each XAU₮ token is backed 1:1 by at least one troy ounce of physical gold, with reserves comprising 1,759 London good delivery bars and smaller bars, all stored in Switzerland.
Tether CEO Paolo Ardoino stated that gold experienced its largest quarterly correction in 13 years during Q2, but 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.
At the end of Q2, XAU₮'s physical gold reserves stood at 707,747.139 troy ounces, approximately 22.01 tonnes, with a total market cap of approximately $2.837 billion. Each XAU₮ token is backed 1:1 by at least one troy ounce of physical gold, with reserves comprising 1,759 London good delivery bars and smaller bars, all stored in Switzerland.
Tether CEO Paolo Ardoino stated that gold experienced its largest quarterly correction in 13 years during Q2, but 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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