{"id":7477,"date":"2025-08-11T19:27:08","date_gmt":"2025-08-11T19:27:08","guid":{"rendered":"https:\/\/bitunikey.com\/news\/tethers-xaut-mint-pushes-tokenized-gold-supply-up-20-in-a-day\/"},"modified":"2025-08-11T19:27:22","modified_gmt":"2025-08-11T19:27:22","slug":"tethers-xaut-mint-pushes-tokenized-gold-supply-up-20-in-a-day","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/tethers-xaut-mint-pushes-tokenized-gold-supply-up-20-in-a-day\/","title":{"rendered":"Tether\u2019s XAUT mint pushes tokenized gold supply up 20% in a day"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Tether\u2019s XAUT overtook PAXG in market cap, becoming the biggest tokenized gold asset. <\/p>\n<div id=\"cn-block-summary-block_17d7ab87a5b506236688949c7e18af5a\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Tether mints $436.94 million worth of XAUT tokens<\/li>\n<li>XAUT overtakes PAXG in market cap, becoming largest tokenized gold asset<\/li>\n<li>This mint raised tokenized gold\u2019s market cap by 20% <\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Tokenization is making an impact on how investors are buying gold. On Monday, August 11, CEX.io released a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/blog.cex.io\/ecosystem\/tether-gold-surges-past-paxg-34956\" target=\"_blank\">report<\/a> detailing the biggest trends in the tokenized gold industry. The biggest event in recent months has been Tether\u2019s XAUT surpassing Paxos Gold in market cap. <\/p>\n<p>On August 8, Tether <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/blog.cex.io\/ecosystem\/tether-gold-surges-past-paxg-34956\" target=\"_blank\">minted<\/a> 129,047.917 XAUT tokens, worth about $436.94 million. This not only made it the biggest gold tokenized asset by market cap, but also pushed the total market cap of tokenized gold by 20%. <\/p>\n<p>This mint came as XAUT overtook PAXG in terms of trader engagement and active holders. Since July 25, XAUT\u2019s trading volume surpassed both PAXG and KAU in daily trading volume. <\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Trading volumes of the top three tokenized gold assetts in the third quarter of 2025 | Source: CEX.io <\/figcaption><\/figure>\n<p>XAUT also dominated in terms of new tokenized gold holders. In 2025, the number of XAUT holders rose by 173%, compared to 29% for PAXG. While PAXG still has a larger userbase, with a seven-fold advantage, the gap is closing quickly. <\/p>\n<h2 class=\"wp-block-heading\">Macroeconomic conditions favor tokenized gold<\/h2>\n<p>As the original safe-haven asset, gold has benefited from the recent macroeconomic uncertainty. Specifically, since President Donald Trump announced his tariffs on major U.S. trading partners, tokenized gold volumes saw multi-week rallies. PAXG, XAUT, and KAU volumes all benefited, with quadruple digit growth in some cases.  <\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"678\" height=\"436\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1754940428_635_Tethers-XAUT-mint-pushes-tokenized-gold-supply-up-20-in.png\" alt=\"Tokenized gold volume since January 2024\" class=\"wp-image-14404708\"><figcaption class=\"wp-element-caption\">Tokenized gold volume since January 2024 | Source: CEX.io<\/figcaption><\/figure>\n<p>Tensions in the Middle East, sluggish labor market growth and other negative economic indicators also contributed to intrest. Notably, in the second quarter of 2025, tokenized gold volume surpassed $19 billion, overtaking major gold ETFs. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tether\u2019s XAUT overtook PAXG in market cap, becoming the biggest tokenized gold asset. Summary Tether mints $436.94 million worth of XAUT tokens XAUT overtakes PAXG in market cap, becoming largest&hellip;<\/p>\n","protected":false},"author":1,"featured_media":953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=7477"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7477\/revisions"}],"predecessor-version":[{"id":7478,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7477\/revisions\/7478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/953"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}