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Tether Gold Overview
24h High
$4,980.95
24h Low
$4,816.14
24h Change
-2.90%
7d Change
-5.39%
30d Change
-2.93%
Volume 24h
$282.79M
Market Cap
$2.72B
Circulating Supply
564,599 XAUT
Tether Gold News
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About Tether Gold
Tether Gold (XAUT) is a digital token representing ownership of one troy fine ounce of physical gold on a specific gold bar. It is a stablecoin tied to the value of gold, created by Tether, the company behind USDT. Tether aims to facilitate the use of fiat currencies digitally by creating tokens pegged to different assets. Tether Gold provides the stability of gold and the flexibility of cryptocurrency, allowing users to own gold without storage costs or handling inconveniences. XAUT can be used as a stable value store, means of transaction, and proof of digital gold ownership. It can be transferred to any on-chain address and diversifies a digital asset portfolio. Tether Gold is a project of Tether Ltd., founded by Reeve Collins, Craig Sellars, and Brock Pierce, part of the Tether Holdings Limited group.
XAUT serves several functions within the digital asset ecosystem:
- Gold Ownership: Allows individuals to hold fractional or full ownership of investment-grade gold without requiring physical possession.
- Storage & Security: Provides a secure alternative to traditional gold investment by offering verifiable backing and storage in high-security vaults.
- Redemption for Physical Gold: Token holders can redeem their XAUT for gold bars and arrange for physical delivery to Switzerland or opt for ownership transfer.
- On-Chain Transfers: Enables the movement of gold-backed assets across Ethereum and TRON networks, allowing users to store and transfer their holdings digitally.
Tether Gold is a project of Tether Ltd., a company that has significantly influenced the cryptocurrency market with the creation of USDT, the first major stablecoin. Tether Ltd. was founded by Reeve Collins, Craig Sellars, and Brock Pierce, and is part of the larger Tether Holdings Limited group.
Tether Gold Markets
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Tether Gold Platforms
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Tether Gold Market Data
The live Tether Gold price today is $4,823.73 USD with a 24-hour trading volume of $282,786,893.07 USD. We update our XAUT to USD price in real-time. Tether Gold is down 2.90% in the last 24 hours.
The current market cap is $2,721,733,486.62 USD, ranking #37 by market capitalization. The circulating supply is 564,599 XAUT.