XAUT

Tether Gold

On-chain data shows the market for tokenized commodities surpassed $6 billion this week, driven by a surge in demand for gold-backed tokens. At the time of publication, the market cap of tokenized commodities is $6.126 billion. The market cap of all tokenized assets as of February 9 is $328.156 billion. It means that the market cap of tokenized commodities accounts for roughly 1.87% of all tokenized assets. Tether and Paxos account for most tokenized commodities BREAKING: The market cap of tokenized commodities surpassed $6 billion. Leading issuers: @tether & @Paxos pic.twitter.com/3BVjGCMbAP — Token Terminal 📊 (@tokenterminal) February 11, 2026 The market cap of tokenized commodities on the Ethereum blockchain reached $5.933 billion, the highest among other blockchains. The market cap for tokenized commodities on Arbitrum One hit $98.112 million, followed by those on the BNB Chain and on the Plasma network at $26.87 million and $21.45 million, respectively. Tether led other issuers and chains in tokenized commodities, holding a market cap of $3.57 billion, fueled by its Tether Gold (XAUT) tokens. Paxos followed with a total market cap of $2.31 billion, driven by rising demand in Pax Gold (PAXG) tokens. Pleasing Gold on the Arbitrum One blockchain also accounted for $97.82 million in tokenized commodities. The Matrixdock Gold tokens on the Ethereum blockchain accounted for a total market cap of roughly $37 million. Matrixdock Gold tokens on the BNB Chain also accounted for a total market cap of $26.87 million in tokenized commodities. The surge in tokenized commodities comes as gold has been testing new highs above $5,000 over the past few weeks. It shows that investors are increasingly turning to on-chain counterparts of the precious metal for greater exposure, offering stability alongside the efficiency of blockchain technology. At the time of publication, gold is trading at around $5,114 per ounce. Although gold tokens are still small compared to the overall crypto market, a market cap above $6 billion indicates they are growing rapidly. The overall market cap has surged more than 4x since the end of 2024, driven by an influx of financial institutions. Paxos reported record inflows into Pax Gold in January. The influx grew the firm’s market value by approximately 1.68 metric tons of gold, bringing its total physical gold holdings in London to above 13 metric tons. The rise in tokenized commodities also signals that capital is flowing toward assets perceived as safe and tangible amid heightened macroeconomic uncertainty and lower crypto prices. Tokenized gold seems to be the answer, allowing investors to hold a claim to physical gold on-chain with near-instant finality. Tokenized commodities raise concerns about ownership Tokenized gold has also brought some concerns about whether the physical asset backing the tokens is held on a one-to-one basis, independently audited, and readily available for redemption. The concerns follow several legal disputes arising from previous commodity-related bankruptcies, including the 2011 collapse of U.S. hedge fund MF Global. “It’s not clear what you actually own when you buy any digital token ‘backed’ by a physical asset. If you needed to assert your ownership in a legal dispute, the court might decide that you, in fact, own only the token.” -Adrian Ash, Head of Research at BullionVault. Michael Ashley Schulman, Partner and CIO at Running Point Capital Advisors, argued that most of the risk in tokenized commodities sits off-chain. He raised concerns about whether the token represents a direct, bankruptcy-remote claim on specific allocated bars or a contractual claim on an issuer and its custodians. Paxos revealed that its gold tokens are 100% backed by fully allocated, institutional-grade physical gold held in London vaults. The firm confirmed that the tokens are fully redeemable for physical delivery at any time. Tether’s website also claims that Tether Gold gives investors ownership of real physical gold. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program

BitcoinWorld Tokenized Commodities Market Cap Soars 53% to $6.1B, Signaling a Stunning Digital Transformation In a stunning demonstration of digital asset maturation, the global market capitalization for tokenized commodities has surged to $6.1 billion, marking a powerful 53% increase since the start of 2025, according to industry reports. This remarkable growth, primarily fueled by precious metals like gold, signals a pivotal shift in how investors access and manage traditional hard assets. Consequently, the sector now firmly outpaces tokenized stocks while continuing its rapid chase of the larger tokenized funds market. This analysis delves into the drivers, key players, and profound implications of this financial evolution. Tokenized Commodities Market Cap Reaches a New Milestone The $6.1 billion valuation represents a significant milestone for blockchain-based real-world assets. This figure, reported by Cointelegraph, highlights accelerating institutional and retail adoption. Moreover, the growth trajectory sharply contrasts with broader market volatilities, suggesting a unique value proposition. Tokenization essentially involves creating digital tokens on a blockchain that represent ownership of a physical asset. Each token is backed by real-world commodities securely stored in vaults. Therefore, investors gain exposure to assets like gold without logistical burdens. For context, the current market landscape shows clear stratification. The tokenized commodities sector, while expansive, remains smaller than the tokenized funds market, which commands a $17.2 billion valuation. However, it dramatically overshadows the tokenized stock market, valued at approximately $540 million. This hierarchy indicates where blockchain innovation is currently finding the most traction and trust. The comparative data underscores a preference for commodity-backed digital assets over their equity-based counterparts at this stage. The Gold Standard Leads the Charge Precious metals, particularly gold, are unequivocally leading this charge. Tether Gold (XAUT) and Pax Gold (PAXG) have emerged as the dominant forces. Specifically, Tether Gold’s market cap skyrocketed by 51.6% in just the past month. Simultaneously, Pax Gold experienced a robust 33.2% increase during the same period. These assets provide a direct, fractional claim on physical gold bars. Investors choose them for their liquidity, transparency, and ease of transfer compared to physical bullion. Tether Gold (XAUT): Each token represents ownership of one fine troy ounce of gold on a London Good Delivery bar. Its recent performance underscores strong demand. Pax Gold (PAXG): Similarly, each token is backed by one fine troy ounce of a 400-ounce London Good Delivery gold bar. Its auditability and regulatory compliance bolster trust. Underlying Drivers: Several factors propel this growth, including macroeconomic uncertainty, inflation hedging desires, and advancements in regulatory clarity for digital assets. Analyzing the Broader Tokenized Asset Ecosystem To fully understand the $6.1 billion commodity figure, one must examine the entire tokenized asset universe. The ecosystem categorizes into three primary segments: commodities, funds, and stocks. Each segment serves different investor needs and risk profiles. The following comparison illustrates their relative sizes and growth potentials as of mid-2025. Asset Class Approximate Market Cap Primary Examples Key Investor Appeal Tokenized Funds $17.2 Billion Money market funds, ETFs Yield generation, stability Tokenized Commodities $6.1 Billion XAUT, PAXG (Gold) Inflation hedge, safe-haven asset Tokenized Stocks $540 Million Fractional equity tokens Equity exposure, 24/7 trading This structure reveals that tokenized commodities act as a crucial bridge. They connect the deep, traditional value of hard assets with the efficiency of modern blockchain networks. Furthermore, the 53% year-to-date growth rate for commodities far outpaces many traditional financial sectors. This trend suggests a reallocation of capital into digitally-native forms of proven value stores. The Real-World Impact and Future Trajectory The implications of this growth extend far beyond a simple market statistic. Firstly, it democratizes access to commodity markets. Small investors can now own fractions of gold bars with minimal capital. Secondly, it enhances market liquidity and price discovery for underlying assets. Blockchain’s immutable ledger also provides unparalleled proof of ownership and audit trails. Consequently, this reduces counterparty risk and increases overall market integrity. Looking ahead, experts anticipate expansion into other commodity classes. Tokenized oil, agricultural products, and industrial metals represent the next frontier. Regulatory frameworks, particularly from bodies like the SEC and EU’s MiCA, will shape this expansion. Successful regulation could unlock trillions in currently illiquid real-world assets. Therefore, the current $6.1 billion market cap may represent merely the foundational layer of a much larger financial transformation. Expert Perspective on Sustainable Growth Financial analysts emphasize that sustainability depends on three pillars: robust custody, regulatory clarity, and institutional adoption. The recent performance of XAUT and PAXG demonstrates that projects meeting these criteria thrive. Custody solutions involving insured, accredited vaults are non-negotiable. Meanwhile, regulatory progress in jurisdictions like Switzerland and Singapore provides a blueprint. Finally, growing interest from hedge funds and family offices provides a stable demand base. This combination creates a virtuous cycle driving further capital inflows and innovation. Conclusion The tokenized commodities market cap reaching $6.1 billion, with a stunning 53% annual growth, marks a definitive moment in finance. It validates the fusion of blockchain technology with timeless asset classes like gold. As leaders Tether Gold and Pax Gold demonstrate, transparency, security, and accessibility are key drivers. This sector’s growth, positioned between tokenized funds and stocks, highlights its unique role as a digital safe haven. Ultimately, the continued expansion of this market will further blur the lines between traditional and digital finance, creating new opportunities for a global investor base. FAQs Q1: What does “tokenized commodities market cap” mean? The term refers to the total combined market value of all digital tokens that represent ownership of physical commodities, like gold or oil, on a blockchain. The $6.1 billion figure is the sum value of all these tokens in circulation. Q2: Why are gold tokens like XAUT and PAXG growing so rapidly? They offer a convenient, fractional, and secure way to own and trade gold. During times of economic uncertainty, investors often flock to gold as a hedge, and tokenized versions provide a modern, efficient avenue to do so, driving demand and market cap up. Q3: How does the tokenized commodities market compare to crypto like Bitcoin? They are fundamentally different. Bitcoin is a native digital asset with no physical backing. Tokenized commodities are digital representations of physical assets. Their value is directly tied to the underlying commodity’s market price, offering a different risk and utility profile. Q4: Is my investment in a tokenized commodity like PAXG safe? Safety depends on the issuer’s structure. Reputable tokens are backed by physical assets held in high-security, insured vaults and are regularly audited. Investors must research the issuer’s transparency, custody solutions, and regulatory compliance before investing. Q5: What other commodities could be tokenized in the future? The potential is vast. Beyond precious metals, markets are exploring tokenization for crude oil, natural gas, wheat, copper, and even carbon credits. The success of gold paves the way for these assets to enter the digital ecosystem. This post Tokenized Commodities Market Cap Soars 53% to $6.1B, Signaling a Stunning Digital Transformation first appeared on BitcoinWorld .

Tether's gold reserves exceed $23 billion, a move reshaping global financial dynamics. By January's end, Tether's gold reserves reached 148 tons, surpassing many nations. Continue Reading: Tether Shakes Global Finance with Massive Gold Reserves The post Tether Shakes Global Finance with Massive Gold Reserves appeared first on COINTURK NEWS .

BitcoinWorld Tether’s Gold Holdings Soar: 148 Tons Propel Stablecoin Giant Into Global Top 30 In a stunning development that bridges digital finance with traditional asset markets, Tether Holdings Limited has quietly accumulated physical gold reserves placing it among the world’s 30 largest institutional holders. The issuer of USDT, the dominant stablecoin with over $100 billion in circulation, now controls approximately 148 metric tons of gold valued at $23 billion as of January 2025. This strategic accumulation, verified by investment bank Jefferies’ analysis, represents one of the most significant reserve transformations in financial history. Consequently, Tether now surpasses the gold holdings of numerous sovereign nations while establishing unprecedented physical backing for a digital currency. Tether’s Gold Accumulation Strategy Tether executed a deliberate gold acquisition campaign throughout 2024 and early 2025. According to Jefferies’ comprehensive report, the company purchased 26 additional tons during the fourth quarter of 2024 alone. Furthermore, Tether acquired six more tons in January 2025, demonstrating consistent accumulation. This quarterly acquisition volume exceeded purchases by most central banks globally during the same period. Only Poland and Brazil’s central banks acquired more gold than Tether in recent quarters. The company’s current reserves now exceed those of Australia, the United Arab Emirates, Qatar, South Korea, and Greece. Tether CEO Paolo Ardoino previously outlined a policy allocating 10-15% of the company’s investment portfolio to physical gold. This strategic allocation now positions Tether as the largest non-state institutional gold holder worldwide. Global Gold Reserve Context The global gold reserve landscape traditionally features central banks and sovereign wealth funds as primary holders. The United States Federal Reserve maintains the largest position with approximately 8,133 metric tons. Germany follows with 3,352 tons, while the International Monetary Fund holds 2,814 tons. Tether’s 148 tons now places it between Kazakhstan’s central bank (approximately 150 tons) and Portugal’s holdings (around 127 tons). This positioning represents a remarkable achievement for a private cryptocurrency company. The table below illustrates Tether’s position relative to select national holdings: Entity Gold Holdings (Metric Tons) Type United States Federal Reserve 8,133 Central Bank Germany 3,352 Central Bank Kazakhstan 150 Central Bank Tether Holdings 148 Private Company Portugal 127 Central Bank Australia 80 Central Bank This comparison highlights Tether’s unprecedented scale among private institutions. Moreover, the company’s accumulation occurred during a period of heightened central bank gold purchasing. Global central banks added approximately 1,037 tons to reserves in 2024 according to World Gold Council data. Tether’s acquisitions therefore represent a significant portion of institutional demand. Strategic Implications for Stablecoin Markets Tether’s substantial gold reserves introduce new stability mechanisms for the $160 billion stablecoin sector. Traditionally, stablecoins like USDT maintain reserves primarily in cash, cash equivalents, and short-term treasury securities. Physical gold represents a tangible, inflation-resistant asset class with millennia of value preservation history. This diversification potentially enhances reserve robustness during financial market stress. Industry analysts note several key implications: Enhanced Credibility: Physical gold provides verifiable, auditable backing distinct from digital or financial assets Inflation Hedge: Gold historically maintains value during currency devaluation periods Regulatory Alignment: Tangible assets may address regulatory concerns about reserve quality Market Confidence: Substantial physical holdings could increase user confidence in redemption capabilities Furthermore, Tether’s strategy may influence other stablecoin issuers. Competitors might consider similar gold allocation strategies to maintain competitive positioning. The physical gold market itself could experience structural changes from cryptocurrency industry demand. Gold Acquisition Methodology and Verification Tether employs a meticulous process for gold acquisition and storage. The company reportedly works with established bullion banks and refiners meeting London Bullion Market Association (LBMA) standards. Each gold bar typically weighs 400 troy ounces (approximately 12.4 kilograms) with 99.5% minimum purity. Storage occurs in highly secure, insured vaults across multiple jurisdictions. Independent auditors verify both existence and ownership through regular inspections. This verification process addresses historical concerns about cryptocurrency reserve transparency. Jefferies’ analysis incorporated these audit reports alongside market intelligence. The investment bank’s reputation lends credibility to the reserve figures. Additionally, Tether publishes quarterly attestations detailing reserve composition. These reports now include specific gold allocation percentages and valuation methodologies. Historical Context and Market Evolution Tether’s gold strategy represents an evolution from earlier cryptocurrency reserve approaches. Bitcoin’s creation in 2009 introduced purely digital scarcity without physical backing. Early stablecoins like Tether initially promised one-to-one dollar backing through bank deposits. The 2022 cryptocurrency market downturn highlighted vulnerabilities in purely digital reserve systems. Consequently, multiple stablecoin projects explored hybrid backing models. Tether began gradually increasing gold allocations in 2023 following comprehensive reserve restructuring. This shift coincided with central bank digital currency developments worldwide. Many national CBDC projects now consider gold backing for enhanced stability. Tether’s substantial accumulation therefore positions it advantageously within broader monetary evolution trends. Economic and Financial Market Impacts Tether’s gold purchases influence multiple financial markets simultaneously. The company’s quarterly acquisitions represent meaningful demand in the physical gold market. Each metric ton equals 32,150 troy ounces, making Tether’s 148 tons equivalent to approximately 4.76 million ounces. At current prices near $2,300 per ounce, this represents substantial market participation. Gold analysts identify several observable effects: Price Support: Consistent institutional buying provides underlying demand Market Structure: New participant category emerges in gold markets Arbitrage Opportunities: Potential connections between cryptocurrency and commodity markets Storage Infrastructure: Increased demand for secure vaulting services globally Simultaneously, cryptocurrency markets experience indirect effects. USDT’s substantial gold backing potentially reduces correlation with traditional financial markets. During equity market downturns, gold-backed stablecoins might demonstrate relative stability. This characteristic could attract institutional investors seeking cryptocurrency exposure with reduced volatility. The broader implication involves blurring boundaries between commodity, currency, and digital asset classifications. Regulatory Considerations and Future Outlook Global regulators increasingly scrutinize stablecoin reserve compositions. The European Union’s Markets in Crypto-Assets (MiCA) regulations mandate specific reserve requirements. Similarly, United States legislative proposals emphasize high-quality liquid assets. Gold’s historical status as a monetary asset positions it favorably within emerging regulatory frameworks. Tether’s substantial holdings potentially pre-empt stricter reserve requirements. Looking forward, several developments seem probable: Increased Transparency: More detailed reporting on gold bar serial numbers and storage locations Product Innovation: Potential gold-backed stablecoin variants or redemption options Competitive Response: Other stablecoin issuers announcing gold acquisition programs Market Integration: Development of gold-backed cryptocurrency derivatives and financial products Furthermore, central bank reactions warrant monitoring. Some monetary authorities might view private gold accumulation as currency system competition. Others could embrace hybrid models incorporating gold into digital currency frameworks. The International Monetary Fund recently published research exploring gold’s role in digital currency systems. This institutional attention validates Tether’s strategic direction. Conclusion Tether’s gold holdings achievement represents a watershed moment for cryptocurrency integration with traditional finance. The company’s 148 metric tons position it among the world’s top 30 institutional holders, surpassing numerous sovereign nations. This strategic accumulation reflects careful planning executed over multiple quarters. Consequently, Tether establishes unprecedented physical asset backing for a digital currency. The implications extend across cryptocurrency markets, gold markets, and regulatory landscapes. As stablecoins evolve from payment instruments to reserve assets, gold provides historical stability combined with modern transparency. Tether’s pioneering approach likely influences broader industry reserve strategies while demonstrating cryptocurrency’s maturation into mainstream finance. FAQs Q1: How does Tether’s gold holding compare to Bitcoin’s market capitalization? Tether’s $23 billion gold reserve represents approximately 2% of Bitcoin’s total market capitalization, which exceeds $1 trillion. However, Tether’s gold constitutes physical, auditable assets rather than digital valuation. Q2: Can USDT holders redeem their tokens for physical gold? Currently, USDT redemption occurs primarily for U.S. dollars at 1:1 parity. Tether has not announced direct gold redemption programs, though the physical gold strengthens overall reserve backing and redemption capability. Q3: Where does Tether store its physical gold holdings? Tetter utilizes multiple secure, insured vault facilities across different jurisdictions. The company maintains confidentiality regarding specific locations for security reasons but provides access to independent auditors for verification. Q4: How does gold backing affect USDT’s stability compared to dollar backing? Gold provides diversification benefits and inflation hedging that pure dollar reserves lack. During dollar depreciation periods, gold typically maintains purchasing power, potentially enhancing USDT’s long-term stability. Q5: Will other stablecoin issuers follow Tether’s gold accumulation strategy? Industry analysts expect some competitors to increase gold allocations, particularly those targeting institutional users or operating in jurisdictions with strict reserve requirements. However, substantial gold accumulation requires significant capital and logistical capabilities. This post Tether’s Gold Holdings Soar: 148 Tons Propel Stablecoin Giant Into Global Top 30 first appeared on BitcoinWorld .

Can Tether gold maintain its lead amid Paxos Gold's massive growth?

What to Know: Tether’s investment in Gold.com validates the trend of tokenizing real-world assets to remove legacy friction. The ‘ownership economy’ narrative is expanding beyond commodities into the $85B creator industry. SUBBD Token disrupts Web2 platforms by slashing fees and integrating AI tools, having raised over $1.47M. Investors are pivoting toward utility projects that offer yield, with SUBBD providing 20% APY for early stakers. Tether’s gold strategy just became clear: double down. By snagging a strategic stake in Gold.com, the issuer of the world’s largest stablecoin isn’t just diversifying; they are signalling a definitive shift from pure fiat reliance to commodity-backed sovereignty. This isn’t merely about hoarding bullion. It’s a calculated infrastructure play to tokenize the global commodities market, making gold as liquid as sending an email. Paolo Ardoino confirmed this view of gold in a statement on Tether’s official website . Even with $USDT’s market cap smashing historic highs, Tether is diversifying aggressively. This move into tokenized gold suggests the bull market’s next phase won’t just be about speculative trading; it will be about utility, ownership, and bypassing legacy gatekeepers. When a giant like Tether prioritizes removing friction from an asset as old as gold, it validates a core thesis: blockchain’s killer app is efficiency. Smart money is watching closely. The logic is simple: if you can tokenize a gold bar, you can tokenize anything. This disruption is bleeding into other high-friction industries. While Tether tackles global finance, the creator economy, an $85B behemoth, remains strangled by centralized platforms taking massive cuts. Frankly, the sector is overdue for an overhaul. As capital rotates from infrastructure plays to application layers, SUBBD Token ($SUBBD) has emerged as a parallel opportunity, using the same principles of tokenization to fix how content creators monetize their work. Web3 Solutions Targeting The $85B Content Monopoly The structural inefficiencies here are arguably worse than in traditional finance. Web2 incumbents often extract up to 70% of creator earnings in fees, all while wielding arbitrary power to de-platform influencers without recourse. SUBBD Token positions itself as the corrective force for this imbalance, merging AI technology with Web3 transparency to hand control back to the creators.Unlike run-of-the-mill meme coins riding market sentiment, $SUBBD relies on a distinct utility model. The platform integrates proprietary AI tools, think automated personal assistants and voice cloning, directly into the creator workflow. This lets influencers scale interactions and revenue without burning out. By tokenizing access, users can unlock exclusive content, VIP benefits, and ‘HoneyHive’ membership perks, bypassing banking intermediaries that often censor payments in lifestyle sectors. The market appetite is clearly there. $SUBBD has already raised over $1.4M in its ongoing presale, a sign that investors are looking for assets solving tangible problems. The platform’s governance model, letting token holders vote on feature rollouts, mirrors the sovereignty Tether is bringing to gold markets. It changes you from a product into a stakeholder. EXPLORE THE $SUBBD ECOSYSTEM $SUBBD Presale Momentum And 20% Staking Rewards While Tether’s gold strategy appeals to defensive capital, aggressive growth usually hides in early-stage utility tokens. The pricing structure of the SUBBD Token presale offers a strategic entry point for retail investors priced out of established large-caps. Currently trading at $0.0574925, $SUBBD is positioned to capture liquidity as the creator economy continues to expand. Financial incentives drive adoption, and SUBBD has structured its tokenomics to reward holding over quick flipping. The protocol offers a fixed 20% APY for the first year of staking. This high-yield environment is designed to lock up supply while the AI infrastructure scales, creating a scarcity effect as the ecosystem matures. On top of the yield, stakers gain access to XP multipliers and loyalty rewards, gamifying the investment process in a way that traditional assets can’t. See how far we think $SUBBD will go in our ‘ SUBBD Token Price Prediction .’ The collision of AI and crypto is arguably the dominant narrative of this market cycle. By securing a foothold in both, offering AI-driven influencer tools alongside decentralized payment rails, SUBBD addresses the ‘fragmented tool’ headache plaguing modern creators. Investors tracking the flow of capital from infrastructure (like Tether) to applications (like SUBBD) are positioning themselves for what comes next: a market where value accrues to platforms that actually work. BUY YOUR $SUBBD ON THE OFFICIAL PRESALE WEBSITE This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments, including presales and stablecoins, carry inherent risks. Always perform your own due diligence before making investment decisions.

Tether and Opera integrate USDT and Tether Gold (XAU₮0) into Minipay to expand dollar and gold‑denominated access in emerging markets. Tether announced on February 2, 2026 that USDT and Tether Gold (via XAU₮0) are now supported in Minipay, Opera’s self‑custodial wallet on the Celo blockchain, enabling millions of users across Africa, Latin America and Southeast

Stablecoin issuer Tether has collaborated with web browser provider Opera to increase access to digital dollars and tokenized gold through a feature called MiniPay wallet. The initiative adds support for Tether’s USDt (USDT) and Tether Gold (XAUT) to MiniPay, a self-custodial wallet built into Opera’s mobile browser and powered by the Celo blockchain. Tether stated that the project will help people in developing economies, such as Africa, Latin America, and Southeast Asia, to save and transfer dollar-denominated stablecoins. According to Tether, the integration is intended to provide a simple way for mobile-first users to store and transfer stable value without complex onboarding requirements. “Tether’s mission has always been to provide simple, reliable access to stable value for people who need it most,” said Tether’s CEO, Paolo Ardoino. MiniPay scales stablecoin usage across mobile-first regions MiniPay operates in over 60 countries and claims 12.6 million activated wallets. The platform has processed about 350 million transactions so far and saw 50% growth in users in the fourth quarter, largely driven by adoption in emerging markets. In December alone, more than $153 million was sent or received via MiniPay across all supported assets. Opera stated that the numbers point to increased demand for stable, dollar-based payments in mobile economies. In addition to USDT, MiniPay now supports Tether Gold (XAUT), which is backed by physical gold reserves. Tether positioned the asset as a savings product meant to preserve value in inflation-prone environments. Interest in tokenized gold has increased as traditional bullion markets have grown. XAUT hit an all-time high of $5,600 in late January, following strength in spot gold prices. Market data shape stablecoin o utlook The expansion of MiniPay comes as the broader stablecoin market enters a consolidation phase. Total stablecoin market capitalization is at $305.27 billion, down $3.006 billion from the previous week, or 0.98%. Despite the pullback, supply has remained close to record levels, following an expansion of approximately $120 billion in 2024. Stablecoins’ total market cap. Source: DeFiLlama. USDT has held the dominant position, accounting for 60.65% of stablecoins in circulation. Other important tokens, such as USDC, DAI, and PayPal USD, are pegged to the dollar, which implies they are stable and not subject to systemic outflows. Tether reported earlier this month that it generated over $10 billion in net profit in 2025 due to the increase of its USDT stablecoin and the holdings underlying those stablecoins, which are in U.S. Treasury assets. The company has been purchasing as much as $1 billion gold per month as it wagers on the precious metal alongside BTC. Regulatory developments are also reshaping the sector. More recently, in the United States, Anchorage Digital launched a new stablecoin, USAT, under U.S. regulatory oversight following the passage of the GENIUS Act in July. In Asia, stablecoin issuer licenses are expected to be issued by Hong Kong in March. According to the Hong Kong Monetary Authority, it will approve only a few applicants at the outset. If you're reading this, you’re already ahead. Stay there with our newsletter .

Tether has partnered with Opera MiniPay wallet to expand access for USDt and Tether Gold XAU₮ across emerging markets. Opera shares have rallied nearly 18% since the partnership was announced. According to a Feb. 2 announcement, MiniPay wallet users are…