Rank #27XAUTCommodity-Backed

Tether Gold

Pegged to

Gold (1 troy ounce)

Market Cap

$700.00M

24h Volume

$20.00M

Circulating Supply

290.0K XAUT

Total Supply

290.0K XAUT

Peg Target

Gold (1 troy ounce)

Collateral Type

Commodity-Backed

Issuer

Tether Limited

Launch Date

23-01-2020

About Tether Gold

Tether Gold (XAUT) is a gold-backed stablecoin issued by Tether, where each token represents ownership of one fine troy ounce of physical gold held in Swiss vaults. The gold is stored in specific individually identified bars that token holders can verify. XAUT can be redeemed for physical gold delivery in Switzerland. As the largest gold-backed crypto token, XAUT provides exposure to physical gold without the need for direct custody, combining the stability of gold with the transferability of blockchain tokens.

Supported Blockchains

Ethereum

Pros

Backed by physical gold in Swiss vaults
Redeemable for physical gold
Largest gold-backed crypto token
Individually identifiable bar allocation

Cons

Storage and management fees
Centralised custody of gold
Limited to Ethereum network
Less liquid than USDT/USDC

Key Features

1 token = 1 troy ounce of gold

Gold stored in Swiss vaults

Individually identified gold bars

Physical gold redemption option

Verification of specific bar allocation

ERC-20 token on Ethereum

Stablecoin Information

Community & Socials

Website Twitter / X