According to Paolo Ardoino, XAUt, the Tether Gold stablecoin, has released its first attestation, confirming over 7.7 tons of physical gold backing 100% of the issued tokens (source: @paoloardoino Twitter, April 28, 2025). This verified backing provides traders with greater confidence in XAUt's stability and legitimacy. The stablecoin is gaining significant traction in emerging markets, and several new exchange listings are expected, potentially boosting liquidity and trading volumes. Strong compliance measures further enhance its appeal for institutional and retail traders looking for a gold-backed digital asset.