Wait, Tether Has Over 7.7 Tons of Gold for Their Token? You Won’t Believe This!
They made this big reveal through an “attestation report” – whatever that means – and let’s just say, it’s the first time they’ve ever done it for their precious XAUT token. Apparently, for every single XAUT token out there, there’s an actual, real, physical ounce of gold sitting pretty in some vault in Switzerland. So, no big deal, just over 246,523 ounces of gold at this point. We’re talking more than 7.7 tons. They’re practically swimming in it. 🏊♂️