Tether releases audit report on gold tokenized product XAUT: backed by more than 7.7 tons of physical gold

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According to official sources, Tether announced that its gold tokenization product Tether Gold (XAUT) is now compliant in El Salvador and has released its first official audit report in line with the new regulatory framework.

The report states that each XAUT token is backed by 1:1 physical gold, which is securely stored in a dedicated vault within a world-class facility in Switzerland, with over 7.7 tons of physical gold supporting the circulating XAUT tokens.

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