Tether Gold Holdings Surge Amidst Gold Price Decline
Tether Gold (XAU₮) saw significant growth in Q2 2026, despite gold prices plummeting by 14.1% during the quarter.
The largest tokenized gold product by market capitalization recorded a 9.5% increase in holdings, with 707,747.139 fine troy ounces of physical gold represented by XAU₮ tokens as of June 30, 2026.
This growth is attributed to strong demand for tokenized gold amid market volatility, underscoring the appeal of on-chain, gold-backed assets even during price corrections.