🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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Details 👉 https://www.gate.com/post/status/13217654
2️⃣ #GateTravelSharingAmbassadors# | Share Your Journey, Win Rewards
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Tether Gold rise to the sky as central banks and ETFs rush for Accumulation
In the context of global economic instability and rising inflation, gold is making a comeback as a preferred safe-haven asset. Tether Gold (XAUt), the digital currency backed by physical gold, has surpassed a market capitalization of 800 million USD, supported by 7.66 tons of pure gold, according to an audit report by BDO Italia. The price of XAUt has increased by 40% in the past 12 months, closely following the rise of physical gold.
Central banks around the world purchased over 1,000 tons of gold in 2024 — the third consecutive year reaching this milestone, according to the World Gold Council. Institutional investors also poured over 38 billion USD into gold ETFs in the first half of 2025, the highest level in 5 years. Inflation, trade wars, and geopolitical risks are the main factors driving the wave of gold accumulation globally.