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Tether releases first official attestation for Gold-backed XAU stablecoin

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Tether releases first official attestation for Gold-backed XAU stablecoin .

Report confirms 246,523.33 ounces ( 7.7+ tons ) of physical gold backing.

XAU reached all-time high price of $ 3,423 on April 21, 2025 .

The firm is the issuer of the largest stablecoin, Tether .