Tether Gold Sees 9.5% Increase in Investor Holdings Amid Market Volatility
Tether Gold investor holdings rose by 9.5% in Q2, despite a 14.1% decline in gold prices.
The growth in demand for tokenized gold is significant, as it shows that investors are using market corrections to increase their ownership of physical gold through fully backed products.
Tether Gold's total market value stands at approximately US$2.837 billion, making it the largest digital gold product available in the market.