Tether releases XAUT audit report for gold tokenization product: supported by over 7.7 tons of physical gold

BlockBeats News: On April 28th, according to official sources, Tether announced that its gold tokenization product Tether Gold (XAUT) has now achieved compliance in El Salvador and released the first official audit report of XAUT that complies with the new regulatory framework. The report states that each XAUT token is supported by 1:1 physical gold, which is securely stored in dedicated vaults in world-class facilities in Switzerland. XAUT tokens in circulation are supported by over 7.7 tons of physical gold.