Tether Gold Tokens (XAUT) Project Update

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Biggest Stories of 2025

• Uquid XAUT Rewards Program and "New Gold Rush" Campaign. Uquid positioned its XAUT rewards program as superior to traditional Web2 loyalty systems, offering self-custodied, non-expiring rewards backed by physical gold, with a "New Gold Rush" campaign running from November 11 to December 12, 2025 56. This reflects a broader trend toward user-owned, inflation-resistant digital assets. (December 13, 2025)
• XAUT as a Real Payment Method. Tether's XAUT transitioned from a pure investment into a functional payment method through the Uquid platform, allowing users to spend XAUT directly on over 178 million physical products, 576,000+ digital goods, and essential services without converting to fiat or stablecoins 78. This grants users access to gold's stability with real-world spending utility. (December 11, 2025)
• Falcon Finance XAUT Staking Vault. Falcon Finance introduced a Tether Gold (XAUT) Staking Vault to its multi-asset staking product, allowing users to stake XAUT for a 180-day lockup with an estimated 3-5% APR paid weekly in USDf 9. XAUT became the fourth asset added to Falcon's Staking Vaults, following its earlier integration as USDf collateral. (December 11, 2025)
• USDT0 and XAUT0 Deployment on Stable. The Tether team announced that USDT0 and XAUT0 became available on Stable following the network's mainnet launch 10. This expanded the omnichain reach of Tether Gold to an additional network. (December 8, 2025)
• Bybit Holiday Season XAUT Promotion. A holiday-themed promotion allowed users to potentially claim a share of up to 32 units of XAUT 11. This incentivized user engagement with the token during the holiday period. (December 26, 2025)
• XAUT Use Cases Expand to Commerce. Tether Gold evolved beyond a store of value into a functional currency, with users able to pay directly with XAUT on Uquid's marketplace for over 180 million items, including electronics, fashion, and digital goods like gaming credits and subscriptions 1213. This bridged the gap between passive investment and active commerce. (December 20, 2025)
• Tether Gold Attestation Report: Q3 2025. Tether Holdings released an independent attestation conducted by BDO confirming the Tether Gold Reserves Report dated September 30, 2025, stating the Custodian held 375,572.297 fine troy ounces of gold with 375,572.247 XAUT in circulation, and a cumulative market value of $1,449,318,278 at $3,858.96 per ounce 14. This confirmed continued full backing amid rapid growth. (October 28, 2025)
• Tether Gold Market Value Tops $2 Billion. An attestation confirmed full physical backing for XAUT, with reserves valued at approximately $1.44 billion as of September 30, while the token's market value surged to $2.1 billion, more than doubling since August 2. XAUT now represents nearly 90% of the $3.7 billion tokenized gold market. (October 28, 2025)
• Falcon Finance Integrates XAUT as USDf Collateral. Falcon Finance integrated Tether Gold as collateral for its synthetic stablecoin USDf, introducing a real-world asset into Falcon's collateral ecosystem and allowing users to earn DeFi yield while holding gold exposure 1. This highlighted the convergence of traditional finance and DeFi through tokenized assets. (October 27, 2025)
• Nasdaq-Listed Aurelion Completes $134 Million XAUT Purchase. Prestige Wealth, soon to be renamed Aurelion, purchased $134 million worth of Tether Gold, becoming the first Nasdaq-listed corporate treasury fully backed by XAUT, following a $150 million funding round led by Antalpha 3. This marked a significant step toward mainstream institutional adoption of tokenized gold. (October 14, 2025)
• Tether Seeks $200 Million for Tokenized Gold Treasury. Tether and Antalpha Platform aimed to raise at least $200 million to create a digital asset treasury that would acquire XAUT tokens, reflecting Tether's ongoing strategy to expand its gold-backed digital assets and ecosystem 4. (October 3, 2025)
• XAUt vs XAUt0 Explainer. An article explained the difference between XAUt (launched in 2020) and XAUt0, the omnichain deployment built using LayerZero's OFT standard, where each XAUt0 is backed 1:1 by XAUt locked on Ethereum to enable cost-efficient cross-chain movement 15. This created a unified liquidity layer for omnichain access and greater DeFi composability. (October 3, 2025)
• XAUt0 Now Live on Avalanche. Tether announced that XAUt0, the omnichain deployment of Tether Gold, went live on Avalanche, allowing users to hold, transfer, and redeem gold-backed assets within Avalanche's high-speed, low-fee ecosystem 16. Major DeFi platforms such as LFJ, Pharaoh Exchange, and Blackhole launched XAUt0/USDT pools. (September 29, 2025)
• Sorted Wallet Introduces Tether Gold. Sorted Wallet added Tether Gold to its platform, making it accessible on feature phones and low-spec smartphones, enabling users to hold, send, and receive XAUt to protect savings from local currency depreciation 17. The initiative emphasized simplicity and accessibility for everyday financial tools. (September 24, 2025)
• Kraken Lists XAUt for Trading. Kraken announced that trading for Tether Gold went live, offering digital ownership, 24/7 trading, and redemption options for the LBMA-certified physical gold-backed asset 18. This expanded XAUT's availability on a major exchange. (September 12, 2025)
• Bybit XAUt0 Support on TON. Bybit announced support for deposits of XAUt0, the omnichain deployment of Tether Gold on TON, with withdrawals scheduled to launch later that week 19. This expanded exchange access to the omnichain version of XAUT. (August 20, 2025)
• Euler XAUT Collateral Support. Euler Labs announced that Tether Gold was onboarded to Euler Prime as a collateral asset 20. This expanded XAUT's utility within DeFi lending markets. (August 12, 2025)
• Attestation Report: Q2 2025. Tether reported that as of June 30, 2025, XAUT was backed by more than 7.66 metric tons of physical gold, totaling 246,524.380 fine troy ounces, with 246,524.330 XAUT tokens in circulation and a market capitalization of approximately $814.3 million at $3,303.14 per ounce 21. This confirmed continued strength in tokenized gold. (July 24, 2025)
• XAUt0 Launch. The Tether and LayerZero teams announced the launch of XAUt0, a new token representing the omnichain deployment of Tether Gold leveraging LayerZero's Omnichain Fungible Token (OFT) standard, with the first deployment on The Open Network (TON) 22. This enabled access to gold-backed holdings between chains. (June 2, 2025)
• XAUT Attestation Report: Q1 2025. Tether Holdings released an independent attestation conducted by BDO reaffirming the Tether Gold Reserves Report dated March 31, 2025, stating the Custodian held 246,524.38 fine troy ounces of gold with 246,524.33 XAUT in circulation and a cumulative market value of $770,036,001 at $3,123.57 per ounce 23. This provided early-2025 confirmation of full backing. (April 28, 2025)