Blockchain data platform Arkham said in a post on X that Tether’s latest token mint was not USDT. Instead, according to Arkham, the company minted XAUT, the gold-backed token also known as Tether Gold, with an estimated value of about $494.6 million. The update points to fresh issuance tied to Tether’s gold token product rather than its flagship dollar-pegged stablecoin. No other details were provided in the brief notice.
Odaily reported that blockchain data platform Arkham said in a post on X that Tether’s latest token mint was not USDT.
According to Arkham, the newly minted tokens were XAUT, or Tether Gold, with an estimated value of about $494.6 million.
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