Gold-backed stablecoins are experiencing increased demand as a safe-haven asset, with the total market capitalization approaching $4 billion, according to reports. Tether Gold (XAUt) leads the sector, holding approximately $2.2 billion in market cap, which represents 50% of the total gold-backed stablecoin market. The development highlights a growing trend of investors seeking to diversify their digital asset holdings with assets linked to traditional commodities.

Gold-backed stablecoins are experiencing increased demand as a safe-haven asset, with the total market capitalization approaching $4 billion, according to reports. Tether Gold (XAUt) leads the sector, holding approximately $2.2 billion in market cap, which represents 50% of the total gold-backed stablecoin market. The development highlights a growing trend of investors seeking to diversify their digital asset holdings with assets linked to traditional commodities.