Tether Gold Secures Q1 Backing Audit With Over 246,000 Ounces of Physical Gold
Tether Gold’s Q1 filing under El Salvador’s financial transparency rules reveals solid physical backing: 246,523 ounces of gold—more than 7.7 tons—now officially attested.
For the first quarter of 2025, Tether Gold (XAU₮) has provided an official reserve audit under El Salvador’s new compliance rules. The filing shows the token is fully backed by 246,523 troy ounces of physical gold (more than 7.7 metric tons).
Key Figures from the Q1 Attestation
Tether’s official statement outlines the following core metrics:
- Total gold reserves backing XAUâ‚®: 246,523.33 troy ounces (equivalent to 7.7+ metric tons)
- Market capitalization: $770 million
This filing is XAU₮’s inaugural attestation under El Salvador’s recently implemented digital asset compliance framework.
Tether Gold (XAUâ‚®) is fully backed by one troy ounce of physical gold per token, stored in Swiss vaults. All gold used in issuance meets LBMA certification standards and is subject to verification through scheduled audits and third-party inspections.
Tether enforces strict legal controls over the minting process and maintains continuous cooperation with international law enforcement to uphold transaction transparency and regulatory compliance.
Сheck this out: Cantor, Tether, and SoftBank Launch $3B Bitcoin Acquisition Vehicle
Market Outlook and Macro Drivers
Throughout the past month, gold has appreciated by roughly 7% amid intensifying global trade disputes and geopolitical instability. Meanwhile, Bitcoin has registered nearly a 14% increase, though with greater volatility.
This divergence in behavior has led to increased interest in XAUâ‚®, which merges the inherent stability of physically-backed assets with the transactional efficiency of distributed ledger technology.
Related: RWA Market Insights: Key Trends for 2025
The World Gold Council reports that by the close of 2024, sovereign gold reserves worldwide reached 37,755 metric tons, with central banks acquiring 1,044.6 tons net throughout the year.
Against this backdrop, XAU₮ presents itself as a modern vehicle for accessing gold-backed stability — especially attractive to nations aiming to diversify away from the U.S. dollar.
Market Outlook
As of publication, XAU₮ is priced at $3,316, with a circulating market value of roughly $817M, based on CoinGecko’s data. Tether has indicated that expanding its presence on major exchanges will be a focal point this quarter, particularly in markets with a historical affinity for gold.
Tether Gold continues to demonstrate the strength and resilience of gold as a store of value, especially in times of economic uncertainty,
— Paolo Ardoino, CEO of Tether, expressed.
Executive suggests that XAUâ‚® is on track to become the leading reference in the tokenized gold segment. Thanks to its blend of asset transparency, compliance integrity, and ease of use as a digital instrument.
Read on: Tether Acquires 8,888 Bitcoin in Q1 2025, Becoming Sixth Largest Holder of BTC
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