Tether says it has ~250K Tether Gold tokens in circulation as of Q2 2025, backed 1:1 by a troy ounce of physical gold; the stablecoin was launched in Jan. 2020 (Daniel Kuhn/The Block)

Daniel Kuhn / The Block:
Tether says it has ~250K Tether Gold tokens in circulation as of Q2 2025, backed 1:1 by a troy ounce of physical gold; the stablecoin was launched in Jan. 2020  —  - Tether says it now has nearly 250,000 Tether Gold (XAU₮) tokens in circulation backed by the equivalent of more than 7.66 tons of gold in total, as of Q2 2025.

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