Blockchain data platform Arkham said in a post on X that Tether’s most recent token mint was not USDT. Instead, according to Arkham, the issuance was XAUT, the company’s gold-backed token known as Tether Gold, with a value of about $494.6 million. The update points to a sizable mint tied to XAUT rather than Tether’s better-known dollar-pegged stablecoin. No further details were provided in the source text beyond Arkham’s statement on X and the estimated value of the minted tokens.
According to ChainCatcher, blockchain data platform Arkham said in a post on X that Tether’s latest token mint was not USDT, but XAUT, the gold token branded as Tether Gold, with an estimated value of about $494.6 million.
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