Aave Holdings Sees Record Tether Gold Supply Amid Macro Uncertainty

Tether Gold supply on Aave Holdings has hit an all-time high, making it the leading platform for tokenized gold exposure.

This surge in demand is attributed to growing institutional interest in gold-backed stable assets amidst macroeconomic uncertainty in 2026.

XAUT, the gold-backed stablecoin, is trading at $4413.67, just below its upper Bollinger Band of $4419.09. The 50-day and 200-day EMAs ($4352.19 and $4229.51 respectively) continue to support the bullish trend.

The Relative Strength Index (RSI) is at 62.86, leaving room for further price appreciation before entering overbought territory. However, the MACD death cross signals caution, suggesting a potential short-term pullback towards the 50-EMA support before the next leg higher in XAUT's price prediction model.