Tether said that the 9.5% rise in actual gold reserves supporting Tether Gold (XAUt) in the second quarter was a result of rising demand for tokenized gold exposure.
According to statistics from TradingView, gold saw its worst quarterly performance since the second quarter of 2013, falling 14.1% over the period.
“When the price of gold is rising, Tether Gold holders are purchasing more than just XAUt. In Monday’s XAUt attestation report, Paolo Ardoino, CEO of Tether, stated, “They are using times of market weakness to increase their ownership of physical gold through a product that is fully backed, transparent, portable, and accessible onchain.”
Tether Gold Investor Holdings Rise 9.5% in Q2 as Demand for Tokenized Gold Remains Strong Through Market Volatility
Learn more: https://t.co/kFjr4Y3MiX— Tether (@tether) August 3, 2026
According to RWA.xyz statistics, the number of holders increased 6.5% to 253,000, but the value of dispersed tokenized commodities decreased 4.2% to $4.58 billion during the previous 30 days.
At the conclusion of the first quarter, the physical gold reserves supporting XAUt were worth $3.3 billion, up 36% to 707,747 fine troy ounces. Amanah Advisors granted XAUt Shariah certification in July, which may increase the token’s accessibility for Islamic financial institutions. As of Monday, Tether Gold has a total value of $2.4 billion, making it the most distributed tokenized commodities product.
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