Tether Gold, a tokenized commodity holder, has added to its bullion backing despite gold posting its worst quarter in 13 years.
According to reporting from CoinTelegraph, Tether Gold's reserves rose by 9.5% during this period.
This increase in reserves occurred during a time when gold experienced its sharpest quarterly correction since 2013.
Additionally, the number of tokenized commodity holders continued to rise, indicating growing interest in this type of asset.