Tether Gold (XAUT)'s Q1 gold holdings surpassed 154 tons (approximately $3.3 billion) as investor demand for gold increased due to macroeconomic uncertainty caused by the Iran war. According to Cointelegraph, this represents a 36% increase from the previous quarter. As of the end of the quarter, 707,741 XAUT tokens are in circulation, and each token is backed by one troy ounce of physical gold held in reserves.
