Tether Gold Reserves Grow 59% Since Year-End as XAU₮ Backing Reaches Record US$ 3.44 Billion
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AI summary of the source article
Tether Gold's physical gold reserves reached a record US$3.44 billion at the end of Q3 2026, up 59% since year-end 2025. Customer holdings rose 73% year-to-date, bringing total physical reserves to approximately 25.7 metric tonnes.
Why it matters
According to Tether CEO Paolo Ardoino, "The World Gold Council estimates digital gold could unlock US$700 billion in demand. We expect XAU₮ to capture a large share of it."
Key facts
- Physical gold backing XAU₮ reached US$3.44 billion (827,418 fine troy ounces or ~25.7 tonnes) as of 30 September 2026.
- Customer holdings increased by 73% since the start of 2026, adding more than 9 tonnes of physical gold equivalent.
- The reserves are held in Switzerland, comprising 2,057 London Good Delivery bars in the 12.5-kilogram category, 15 one-kilogram bars, and 18 half-kilogram bars.
Source excerpt · Tether news
4 November 2026 – Tether Gold (XAU₮), the world’s largest tokenized gold product by market capitalization, extended its momentum through the third quarter of 2026. Customer holdings have grown 73% since the start of the year, and the physical gold backing the token has reached a record US$3.44 billion, reflecting growing demand for direct, fully […]