PANews May 4 news, according to data disclosed by Tether, Tether Gold (XAUT) continued to expand in the first quarter of 2026, with a total market value exceeding 3.3 billion dollars, driven by the rise in gold prices reaching new highs and increasing macroeconomic uncertainty, resulting in a significant rise in investors' demand for safe-haven assets. Tether's data for this quarter shows that its underlying gold reserves grew by 36% quarter-over-quarter, reaching approximately 707,747 ounces as of March 31, corresponding to a 1:1 gold complete peg for the circulating XAU₮ tokens, with a total market value of about 3.303 billion dollars. Compared to approximately 520,000 ounces of reserves at the end of 2025, gold holdings increased significantly this quarter, reflecting ongoing inflows into digital products backed by physical gold.

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