Tether Gold

Tether Gold (XAUT) is a tokenized commodity where each token represents ownership of one troy fine ounce of physical gold held on a specific bar. It lets holders gain exposure to gold on a blockchain, combining the traditional store-of-value appeal of the metal with the transferability of a crypto token.

What is Tether Gold?

XAUT is a real-world asset token issued by Tether. Instead of tracking a currency like a stablecoin, it is backed by allocated physical gold stored in a vault in Switzerland. The pitch is direct ownership of gold without the logistics of storing bars yourself, plus the ability to move that exposure on-chain to any wallet address.

How does Tether Gold work?

XAUT is issued as an ERC-20 token on Ethereum and a TRC-20 token on TRON, so it relies on those networks for settlement rather than its own consensus. Each token is tied to a specific gold bar, and Tether states it maintains direct control over the physical storage with high-security measures. Holders can transfer XAUT from their Tether wallet to any on-chain address, and the token is designed so that ownership of the underlying gold moves with it.

Tether Gold tokenomics and supply

There is no fixed maximum supply; the number of tokens reflects how much gold is held. Circulating supply stands at roughly 612,824 tokens against a total near 707,747, each corresponding to an ounce of physical gold. A notable feature is that XAUT charges zero custody fees, which distinguishes it from many other ways of holding allocated gold.

What is Tether Gold used for?

XAUT serves investors who want gold exposure with crypto-style flexibility:

• Holding a digital claim on allocated physical gold without storage hassle
• Moving gold exposure quickly between wallets and platforms
• Diversifying a crypto portfolio with a commodity-backed asset

Where to buy and store XAUT

XAUT is available through Tether and select exchanges; our best crypto exchanges ranking helps you find venues that list it. Because it exists on Ethereum and TRON, compatible wallets covered in our best crypto wallets guide can custody it securely.

Is Tether Gold a good investment?

XAUT's price follows gold, which is why it has traded as high as 5,504.62 and as low as 1,447.84 in token terms, mirroring the metal's own swings. Unlike volatile crypto assets, its value is anchored to a physical commodity, but it carries its own risks around issuer trust, custody and redemption. Gold can also fall, so this should not be read as financial advice.