Bullish

XAUt Gains Shariah Certification, On-Chain Value Surges 257% to $2.5B

2026-07-28 08:57:53

Tether's gold token XAUt secures Islamic law compliance, validating its physical backing and no-interest structure. On-chain assets jumped from $700M to $2.5B since July 2025.

Woofun AI reports that Tether’s gold-backed token XAUt has obtained Shariah certification from Amanah Advisors, verifying adherence to Islamic financial principles such as full physical gold backing, prohibition of interest and leverage, and reserve transparency. Each token corresponds to one ounce of gold held in Swiss vaults.

This approval facilitates promotion to Islamic financial institutions and investors, potentially expanding adoption across the Gulf Cooperation Council, South Asia, and Africa. XAUt ranks among the largest tokenized gold products, with on-chain value rising from roughly $700 million in July 2025 to approximately $2.5 billion.

WOOFUN AI

Impact Assessment · Quick Read

Shariah certification removes a key regulatory barrier for XAUt in high-potential Muslim-majority markets, potentially unlocking significant institutional capital. The substantial growth in on-chain value indicates strong underlying demand for compliant, tokenized real-world assets. This development may encourage other stablecoin issuers to seek similar certifications to capture emerging market liquidity.
Generated by WOOFUN AI · For reference only, not investment advice

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