$XAU XAUT Market Cap Breaks $2.5 Billion, The Heat Of Digital Gold
Escalating world gold prices are not only heating up traditional exchanges but also fueling capital inflows into the RWA market, pushing gold backed tokens to unprecedented highs.
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🔸 The market capitalization of Tether Gold (XAUT) has officially surpassed the $2.5 billion threshold, currently reaching $2,600,883,164. This marks a new ATH for this physical gold backed stablecoin.
🔸 The breakout of XAUT has also driven the overall growth of the entire tokenized gold sector. The total sector capitalization has touched $5.189 billion, setting a new historic peak with a 1.3% increase over the past 24 hours.
🔸 These figures confirm the trend of investors increasingly favoring the convenience, divisibility, and liquidity of blockchain to access traditional safe havens rather than holding cumbersome physical gold.
With growth parallel to global gold prices, will $XAU soon hit the $3 billion mark this quarter, or will profit taking pressure emerge as the market reaches a state of extreme euphoria at the highs?
News is for reference, not investment advice. Please read carefully before making a decision.