The launch could revolutionize financial inclusion in emerging markets, leveraging gold's cultural value and enhancing digital asset utility. Tether launches gold-backed stablecoin Visa card with Fasset, offers 6% cashback in XAUT.
Tether launches a Visa card offering up to 6% cashback in XAUT, linking tokenized gold rewards to everyday fiat payments.
Gemini's expansion into diverse stablecoins enhances user convenience and market access but introduces new trust and infrastructure dependencies. Gemini adds USAT, XAUT, and USDT0 to its expanding stablecoin ecosystem.
XAUT and PAXG jointly represent 89.1% of the expansion in the tokenized raw materials sector since the beginning of 2025. The market capitalization of Tether Gold reached approximately $1.87 billion, while PAX Gold stands at $1.8 billion.
Tokenization has expanded beyond gold, such as agricultural materials, oil, gas, and copper- but gold remains dominant among tokenized assets.
Tether Gold (XAU₮), the tokenized gold product worldwide, has crossed a major threshold by pushing its total market value above $3.3 billion.
The first quarter of 2026 witnessed Tether Gold's physical reserves surge by 36%, with holdings expanding from 520,089 fine troy ounces to 707,747. By March 31, the digital asset's market capitalization surpassed $3.3 billion, based on the firm's most recent reserve disclosure.
Bitfinex said that it has added support for XAUT0 deposits and withdrawals on Celo, expanding the ways customers can move tokenized gold on its platform. In the official Bitfinex blog announcement, the exchange said the integration went live at 10:00 AM UTC.
Tether introduces consumer wallet app supporting USDT, Bitcoin, and XAUT worldwide
Solana faces the challenge of turning surging RWA adoption into Treasury confidence while competing with Ethereum's dominance in tokenized gold.