Tether mints $494M in XAUt gold-backed tokens
Tether Gold (XAUt)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Tether has minted $494 million in XAUt gold-backed tokens. This move marks Tether's expansion into tokenized gold, which could redefine asset management by offering broader access to gold-backed financial instruments and liquidity. The post originally appeared on Crypto Briefing.
How the market reacted
Whalio's own Binance spot order flow for XAUt, measured when this story was written up on 29 September 2026. Not the outlet's figures.
XAUt is trading at $4,132.16 with a 1-hour buy ratio of 42.8% and a 4-hour buy ratio of 40.3%, both significantly higher than the 27.0% seen over the last 24 hours. This shift indicates that buying pressure is building in the short term compared to the daily average. The volume delta is negative across all timeframes, showing that sell volume has exceeded buy volume, with a 1-hour delta of -$268,584 and a 4-hour delta of -$1,923,507. The 24-hour volume delta stands at -$38,291,820, while the cumulative volume delta (CVD) for the 24-hour close is -$21,370,419. Net buying occurred for only 1 out of the last 24 hours, despite a 24-hour spot volume of $83,240,258 and 151,763 trades.
The latest daily buy ratio of 64.6% sits at the 98th percentile of the last 204 days, against a median of 48.5% - among the strongest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for XAUt, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 50.8%, making the current 24-hour reading of 27.0% an unusual day with a difference of 23.8 points. Volume has been elevated, trading at 3.91 times the weekly average, while net buying occurred on 4 out of the last 7 days. The price has dropped 5.4% over the last 8 days, accompanied by a total volume delta of -$39,206,245. This recent activity contrasts with the weekly norm where buying was more frequent and balanced.