Tether mints $494.57M in XAUt, not USDT
- —Mint size was about $494.57 million in XAUt
- —XAUt market cap stands near $2.84 billion
- —The mint equals roughly 17% of circulating supply
Why it matters: The sharp jump in gold-token supply signals rising demand for tokenized gold as a defensive asset.
Source: PANews