Tether Gold (XAUT), the gold-backed stablecoin, has reached a new milestone with its market capitalization surpassing $2 billion, according to data shared by Tether CEO Paolo Ardoino. As of October 18, the market cap stands at $2,213,783,821, with a circulating supply of 522,089 coins. The broader tokenized gold sector has also seen significant growth, with its total market capitalization exceeding $3.95 billion, marking a 15.4% increase over the past 24 hours. This surge highlights the growing interest and investment in digital assets backed by physical commodities.