
Tether Gold
What is it?
Tether Gold (XAUT) is a gold-backed cryptocurrency developed by Tether and accessible via the official tether.to website. It belongs to the tokenised assets sector, offering users the ability to buy, hold and transfer fractions of physical gold in the form of digital tokens on the blockchain. Each XAUT token represents ownership of one troy ounce of physical gold stored in secure vaults, combining the stability of gold with the flexibility and speed of digital transactions.
Research
Oil: When DeFi becomes the only open market amid geopolitical shocks
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Tokenized Gold: a market ready to explode?
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Tether, soon to be valued at $500 billion?
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Benjamin Louvet: "Seeing Tether buy 25 tons of gold per quarter is not a systemic shock"
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