Tether Gold Market Value Surges to $3.3 Billion with Record Bullion Reserves

Tether, a leading cryptocurrency issuer, has reported significant growth in its gold-backed digital asset, Tether Gold (XAUT). According to the company's latest attestation reports, the token's market value has exceeded $3.3 billion as of March 31, 2026.

The increase is largely due to a 36% quarter-over-quarter rise in physical bullion reserves, which now stand at approximately 707,747 ounces of gold. This expansion comes amid record-high gold prices and increased macroeconomic uncertainty, driving investor demand for safe-haven assets.