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- 🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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Tether Gold released its first quarterly audit report, with gold reserves exceeding 7.7 tons.
Gate.io News bot message, according to Wu Shuo's report, Tether released the first official audit report for XAU₮( Tether Gold) for the first quarter of 2025. The audit results show that XAU₮ holds 246,523.33 ounces of physical gold reserves, totaling over 7.7 tons, with a market capitalization of 770 million USD. Each XAU₮ token corresponds to one ounce of physical gold, maintaining a 1:1 redemption ratio.
The report indicates that XAU₮ has received recognition from Salvadoran regulatory authorities, with all gold reserves stored in Swiss vaults.