Tether Gold Brings Physical Precious Metals to the Cryptocurrency Space

Tether Gold (XAUt) is a digital token backed by physical gold stored in Swiss vaults. Each full XAUt represents one fine troy ounce of gold, which is held in identifiable bullion bars that meet the London Good Delivery standard.

The token's value moves with the market price of gold, making it an attractive option for those seeking to invest in precious metals within the cryptocurrency space.

Tether Gold has a unique structure compared to other Tether products, such as USDT, which is designed to track one US dollar. XAUt allows users to hold fractional ownership, with tokens divisible down to six decimal places, making it more accessible than buying full bars of gold.