[Tether Holds Approximately 140 Tons of Gold to Back Gold-Backed Stablecoin XAUt] According to reports, USDT issuer Tether holds approximately 140 tons of gold, valued at around $23 billion. Last year, it purchased over 70 tons of gold to support its gold-backed stablecoin XAUt. Each XAUt token represents ownership of 1 ounce of physical gold stored in Swiss vaults. Users can check the associated gold bar information or redeem physical gold bars. Tether plans to allocate 10%-15% of its portfolio to gold and is currently purchasing about 1 to 2 tons of gold per week, aiming for a long-term stable supply. As of the time of writing, the total issuance of XAUt is approximately $2.7 billion, representing reserves of about 1,329 gold bars.