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Tether releases the first official audit report for XAU₮ in Q1 2025
According to Wu, Tether released its first official audit report for XAU₮( Tether Gold) for the first quarter of 2025. The report shows that XAU₮ currently holds 246,523.33 ounces ( of over 7.7 tons ) of physical gold reserves, with each Token backed by one ounce of physical gold at a 1:1 ratio, achieving a market capitalization of 770 million dollars. XAU₮ has obtained regulatory approval in El Salvador, and all gold reserves are stored in Swiss vaults.