Tether has launched Scudo, a new unit of account for Tether Gold (XAUT), intended to make gold easier to price, transfer, and use in everyday economic activity. In a press release, the firm said the launch comes as global gold prices and demand sit at record highs, driven by inflation concerns, interest-rate uncertainty, and aggressive central bank buying. Gold’s Comeback Meets Digital Infrastructure Gold surged through 2025 as investors sought protection against eroding purchasing power and macro volat ...

gold bitcoin, gold all time high, silver, gold prices,. Photo by BeInCrypto Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee, because this is one of those slow-burning market stories that’s quietly getting bigger. While crypto headlines remain dominated by geopolitics, metals, and macro-driven swings, a different trend is coming up, where steady capital is moving into tokenized gold like Tether's XAUT. Cry ...

Gold's rally to record highs has been one of the biggest recent stories in finance. But during that rally, unbeknownst to many, leading stable coin issuer Tether has turned into one of the biggest gold whales on the planet. Tether has been stacking bullion like a mid-tier central bank. No, literally. Per addestation reports, its holdings rival the reserves of central banks like those of South Korea or Hungary. So, how much gold has Tether actually bought? What is Tether planning to do with all of this gold? ...

Tokenized Gold Market - Tether 已将超过 100 吨实物黄金代币化 [1] - 每个 Tether Gold 代币代表存储在瑞士安全金库中的一金衡盎司纯金 [1] - $XAUT 可能成为近期表现最佳的数字资产之一，因为传统投资者继续将黄金视为日益不确定时期的避险投资 [1] Investment Perspective - 比特币、黄金和土地被认为是投资的“神圣三位一体” [2] - 随着黄金价格创下历史新高，这种新的数字资产将代币化黄金带到纳斯达克 [1]

Core Insights - Tether holds over 11.6 tons of gold bars to back its tokenized gold offering, Tether Gold (XAUT), in response to increasing investor demand for gold [1] - As of September 30, XAUT was backed by more than 375,000 ounces of physical gold, with reserves stored in Switzerland [1] - The market capitalization of XAUT surged to over $1.4 billion in Q3, driven by rising gold prices amid inflation concerns and geopolitical instability, and reached $2.1 billion in October as gold prices hit $4,500 [2] Group 1 - Tether Gold (XAUT) is issued under El Salvador's digital asset framework and is backed 1:1 by a fine troy ounce of gold [1] - The growth in XAUT's market cap was primarily fueled by increased demand from retail investors in emerging markets, as stated by Tether's CEO [2] - Tokenized gold provides a blockchain-based representation of physical gold, making it accessible to investors without the complexities of traditional custody or logistics [3] Group 2 - The rising demand for gold is attributed to inflation concerns, geopolitical instability, and increased purchases from central banks [2] - Tokenized gold allows investors who lack access to traditional financial products like ETFs to invest in gold [3]

Core Viewpoint - A debate has arisen in the crypto community regarding the legitimacy of tokenized gold, with Binance founder Changpeng Zhao criticizing its true integration on the blockchain, while gold advocate Peter Schiff promotes a new blockchain-based tokenized gold platform [1][4]. Market Activity - Gold's recent rally in traditional markets has increased interest in its tokenized versions within the crypto space [2]. - The combined market capitalization of gold-backed digital assets surpassed $3 billion on October 7 and is currently over $3.75 billion [5]. - Trading volume for tokenized gold assets reached $640 million in 24 hours, driven by investor interest amid U.S. government shutdown and global economic uncertainty [7]. Tokenization Insights - Tokenized commodities, particularly gold, now represent over $3.5 billion of the total real-world asset (RWA) tokenization value, marking a 36% increase in the last month [8]. - Tether Gold (XAUT) and PAX Gold (PAXG) are leading the market, with market capitalizations of approximately $2.1 billion and $1.3 billion, respectively [8][6]. Platform Development - Peter Schiff's upcoming platform, Shift Gold, aims to allow users to buy gold through an app, store it in vaults, and transfer ownership digitally or redeem it for physical gold, promoting it as a stable digital asset [3].

Institutional Adoption & Regulatory Developments - CME Group launched CFTC-regulated Solana options, opening doors for institutional traders [1] - First spot Solana ETF to debut in Hong Kong by ChinaAMC [2] - SEC Approves 21Shares Solana Spot ETF [2] - Bitwise's Germany-listed BSOL ETP surpasses $100 million in assets under management, demand surges for regulated Solana staking in Europe [1] Solana Ecosystem Growth & Performance - Solana tops blockchains in Real Economic Value (REV) with approximately $223 million in Q3 2025, leading for a fourth consecutive quarter [1] - Approximately 35% of SOL is now held in Strategic Reserves and Digital Asset Treasuries [2] - Securitize saw 218% TVL growth on Solana in 30 days [2] Tokenized Assets & Trading - Superstate partnered with Backpack as its first CEX for tokenized equities trading [1] - Bybit now supports Tether Gold (XAUT) deposits on Solana, bringing tokenized gold exposure to Solana's fast, low-cost network [1] - xStocks $TSLAx hit $25 million supply, 14 thousand holders offer new ways for investors globally to access Tesla shares outside traditional broker rails [1] - Solana trading is now available on Uniswap, expanding the platform's reach and giving users direct access to Solana swaps [1] - PreStocks crossed $10 million volume, 250 thousand transactions, and 7 thousand holders [2]

Core Insights - Gold-linked digital assets are experiencing significant growth as gold prices exceed $4,370 per ounce, leading to the launch of new blockchain-based products that transform gold into on-chain financial instruments [1] - The tokenized gold sector has rapidly expanded in 2025, with total capitalization nearing $3.4 billion, a substantial increase from $500 million earlier this year, driven by institutional demand for stable, asset-backed instruments [2] - Tether has introduced XAUT0, an omnichain gold token, which links Solana to Tether's $175 billion cross-chain liquidity base, allowing each token to represent a fraction of a troy ounce of physical gold held in audited vaults [3] Market Dynamics - Over 7,300 XAUT0 tokens are currently in circulation, processing more than $25 billion in total bridge volume, indicating robust market activity [4] - Daily trading in tokenized gold has surpassed $600 million, reflecting strong demand for physical bullion [6] - Analysts highlight that tokenized gold serves as a bridge between traditional finance and digital liquidity, with tokens settling instantly and integrating into decentralized finance platforms [7] Price Performance - PAX Gold (PAXG) is trading around $4,413, having surged more than 65% year-over-year, while Tether Gold (XAUT) is priced near $4,360, gaining 63% [7] - The combined market capitalization of PAXG and XAUT is approaching $3.0 billion, showcasing the shift of physical value stores onto blockchains [7]

Nasdaq-listed Tether Gold treasury firm completes $134 million purchase of XAUT https://t.co/HBqm3TGm37 ...

Company Actions - Antalpha 的子公司 Prestige Wealth 以每单位 4021.81 美元的价格购买了价值 1.34 亿美元的代币化黄金 Tether Gold (XAUT) [1] - 该公司计划更名为 "Aurelion Inc"，目前正在等待例行审批 [1]