Tether Gold Holdings Rise 9.5% in Q2, Market Cap Hits $2.837B

XAU₮ investor holdings surged 9.5% in Q2 despite gold's sharpest quarterly correction in 13 years. Reserves total 22.01 tons, valued at $2.837 billion.

Woofun AI data shows that Tether Gold (XAU₮) investor holdings expanded by 9.5% during the second quarter, reaching 612,823.66 tokens as of June 30, 2026. This represents an increase of 53,225.02 tokens from the end of the first quarter, equating to an additional 1.66 tons of physical gold ownership. The total physical gold reserves backing XAU₮ stood at 707,747.139 troy ounces, or approximately 22.01 tons, with a market value of roughly $2.837 billion. Each token is backed by at least one troy ounce of gold, stored in Switzerland as 1,759 London Good Delivery bars and smaller units.

Tether CEO Paolo Ardoino noted that while gold suffered its largest quarterly correction in 13 years during this period, demand for XAU₮ remained strong.

Additionally, Tether International SA de CV acquired approximately 27.1 tons of gold in the first half of 2026, averaging 4.5 tons per month.