Tether Now Holds 7.7 Tons of Physical Gold—Because Apparently Crypto Wasn’t Volatile Enough

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decryptCO

Release Time:

2025-04-28 22:11:59

Tether Gold Token Backed by 7.7 Tons of Physical Gold: Report

Tether just turned the gold standard into a digital token—because why let centuries of monetary tradition go to waste?

The stablecoin giant now backs its XAUT token with a staggering 7.7 tons of physical gold. That’s roughly $500 million worth of shiny metal sitting in a vault somewhere, waiting for the next financial apocalypse.

Gold-backed crypto: Because sometimes you want your decentralized finance with a side of 19th-century monetary policy.

Will this finally satisfy the ’but where’s the real value?’ crowd? Unlikely. But hey—at least it’s not another meme coin.

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