Tether Gold: A Tokenized Claim Linked to Physical Gold

Tether Gold, also known as XAUT, is a digital token that represents ownership of one troy fine ounce of physical gold. It's designed to give users a crypto-native way to hold exposure to physical gold without moving actual bars.

The name 'Tether' points to the issuer ecosystem best known for stablecoins, while 'Gold' refers to the underlying asset reference. XAUT is not risk-free and carries various risks such as gold price fluctuations, token market movements, and redemption rules.

While Tether Gold states that XAUT is backed by physical gold, users should review the issuer's official transparency resources for details on allocation, eligibility, and redemption rules. The product is strongest when users understand exactly what problem it solves.