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Tether: The XAUT Token is backed by over 7.66 tons of gold stored in Switzerland.
According to Foresight News, Tether stated that by the second quarter of 2025, the number of gold tokens issued by Tether, XAUT, will be 246,524.330 tokens, with each token pegged to an equivalent physical gold at a 1:1 ratio, supported by over 7.66 tons (246,524.380 troy ounces) of gold stored in Switzerland.