XAUt token
Overview
XAUt (Tether Gold) is an ERC-20 token on Ethereum (and other blockchains) that represents ownership of physical gold stored in Swiss vaults. Each token is backed by one troy ounce of gold, making it a digital stable asset tied to the gold price. It is used for trading, as a hedge, and for peer-to-peer transfer of gold value on blockchain networks.
Within the DeFi Intel graph, XAUt connects to 7 tracked entities, most strongly to Tether, Tether, Tether Gold.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 7 of 7 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Tether | 95% |
issues | Tether | 95% |
supports_token | Tether Gold | 95% |
deployed_on | Ethereum | 90% |
deployed_on | Tron | 90% |
attests_for | BDO Italia | 90% |
backed_by | Physical Gold | 90% |
Frequently asked questions
What is XAUt?
XAUt (Tether Gold) is a digital token backed by physical gold, with each token representing one fine troy ounce of gold stored in designated vaults.
How is XAUt different from other gold-backed tokens?
XAUt is issued by Tether and is designed to track the market price of gold directly, with the underlying gold held in Swiss vaults and periodically audited.
Can XAUt be redeemed for physical gold?
Yes, XAUt can be redeemed for physical gold in the form of a gold bar or through a third-party partner, subject to the terms set by Tether and minimum redemption amounts.
What is XAUt connected to?
In the DeFi Intel knowledge graph, XAUt is linked to 7 other tracked entities, most strongly to Tether, Tether, Tether Gold.
Live news feed, full graph, and search.