PANews reported on October 18th that data forwarded by Tether CEO Paolo Ardoino on the X platform indicated that the market capitalization of Tether's gold-backed stablecoin, Tether Gold (XAUT), has surpassed $2 billion, reaching a record high of $2,213,783,821, with a circulating supply of 522,089 coins. Furthermore, the total market capitalization of the tokenized gold sector has now exceeded $3.95 billion, reaching a new high of $3,950,937,387, representing a 24-hour increase of 15.4%.