Tether Gold token
Overview
Tether Gold (XAUT) is a gold-backed token issued by TG Commodities Limited, part of the Tether group. Each XAUT token represents ownership of one troy ounce of physical gold held in a Swiss vault, and eligible holders can redeem tokens for physical gold or its cash value. It trades as an ERC-20 token on Ethereum and is also available on Tron, TON and other supported networks.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 7 of 7 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Tether | 95% |
deployed_on | Ethereum | 95% |
deployed_on | Tron | 90% |
deployed_on | TON | 90% |
deployed_on | Avalanche | 85% |
deployed_on | Solana | 85% |
deployed_on | Polygon | 85% |
Frequently asked questions
What does one XAUt represent?
Ownership of one troy ounce of physical gold held in allocated form.
Where is the gold stored?
In vaults in Switzerland.
Can XAUt be redeemed?
Yes; holders have the ability to redeem their tokens against the underlying physical gold.
Sources
Facts on this page were verified against the following sources.