Tokenized Gold Market Expands Amid Rising Demand
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Share Growth: Tether's Tether Gold (XAUt) now represents over half of the entire gold-backed stablecoin market, with a total value exceeding $2.2 billion, indicating strong investor demand for traditional safe-haven assets.
- Token Circulation: As of the end of Q4, there were 520,089 XAUt tokens in circulation, each backed one-for-one by physical gold, reflecting a sustained increase in market confidence and demand for gold.
- Gold Price Surge: Comex gold prices have surpassed $5,000 per troy ounce for the first time, with a year-to-date gain of approximately 17%, signaling a shift towards gold as a hedge against geopolitical risks and dollar depreciation.
- Accelerated Central Bank Buying: According to the World Gold Council, central banks purchased a net 220 tonnes of gold in Q3 2025, reflecting a broader strategy among reserve managers to diversify away from dollar-denominated assets.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






