What is Tether Gold (XAUT)? 
Cryptocurrency
8 min read time
|Updated: 2026-04-07
Gold investment is going digital. Crypto assets backed by physical gold are gaining increasing attention in the investment world. In this context, Tether Gold (XAUT)—commonly known as the Tether Gold coin—stands out for its structure that combines traditional gold with blockchain technology.
So, what is XAUT, and how does this asset differ from other cryptocurrencies? The XAUT coin offers a digital representation of gold and provides access through various trading pairs. It can also be viewed as an alternative model that bridges the gap between traditional gold and the world of crypto assets.
What Is XAUT Coin?
XAUT is a cryptocurrency in which each token is backed by physical gold and pegged to the value of 1 troy ounce of gold. Also referred to as “Gold Tether” in some sources, this structure offers a model that brings traditional gold investment into the digital realm.
Launched in 2020 by TG Commodities Limited, XAUT offers investors a more practical and flexible alternative for accessing gold. Operational challenges associated with physical gold purchases—such as storage, transportation, and security—are addressed and mitigated within this model.
One of XAUT’s key features is that each token is backed by real gold held in secure vaults. This aims to provide a more stable price structure compared to crypto assets. Additionally, thanks to the token’s divisible nature, investors can gain access to gold in smaller amounts without needing large sums.
Operating on a
blockchain infrastructure, XAUT can be traded 24/7, independent of traditional market hours. This allows users to trade without time or geographical constraints.
Furthermore, as a digital asset, XAUT can be easily transferred and stored. While offering a more practical use case compared to transporting physical gold, the ability to verify the backed gold reserves through specific platforms stands out as a key element of transparency.
Who Are the Founders of Tether Gold?
Tether Gold was developed by Brock Pierce, Reeve Collins, and Craig Sellars, who have previously been involved in various projects within the cryptocurrency ecosystem. These individuals are recognized as key figures in the development of stablecoin structures and the widespread adoption of blockchain-based financial solutions.
Brock Pierce is known for his active role in blockchain and digital asset ventures; Reeve Collins stands out for his initiatives in technology and digital advertising. Craig Sellars, meanwhile, is recognized for his technical expertise in software development and blockchain infrastructure.
This team behind Tether Gold has previously contributed to the development of digital assets by participating in various projects within the
cryptocurrency market. This experience has played a significant role in shaping XAUT’s structure, which integrates traditional finance with blockchain technology.
How Does Tether Gold Work?
Tether Gold (XAUT) is based on a digital asset model where each token is backed one-to-one (1:1) by physical gold. Thanks to this structure, token ownership directly represents a claim to a specific amount of physical gold.
The system is based on gold bars that meet the Good Delivery standards set by the London Bullion Market Association (LBMA). Each XAUT token is structured to correspond to one fine troy ounce of gold meeting these standards, and the associated gold is stored in secure vaults.
The blockchain infrastructure enables this ownership structure to be tracked and transferred in a digital environment. Users can transfer, store, or trade their XAUT tokens across different platforms just like any other crypto asset.
Another notable feature of XAUT’s operating mechanism is the redemption process. Under certain conditions, token holders can convert their XAUT holdings into physical gold bars. This establishes a direct link between the digital asset and the physical commodity.
Additionally, the system’s transparency allows users to track which gold reserves back their tokens. This ensures that the physical gold underlying the assets is verifiable.
How to Buy Tether Gold?
Tether Gold (XAUT) can be purchased through reliable cryptocurrency platforms. In Türkiye, cryptocurrency trading can be conducted by following basic steps on CoinTR, which supports transactions in Turkish Lira (TRY). Thanks to the platform’s TRY trading option, users can access assets like XAUT.
The following steps can be followed for the 3-step cryptocurrency trading process on CoinTR:
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Sign up and complete the Know Your Customer (KYC) verification.
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Deposit TRY into your account.
The Future of Tether Gold
The future of
Tether Gold is being evaluated within the framework of its structure, which combines physical gold with blockchain technology. By merging the stability of traditional assets with the flexibility of digital assets, this model may offer an attractive structure for a variety of investor profiles.
The fact that XAUT is backed by physical gold at a 1:1 ratio stands out as a key feature, particularly for users seeking a store of value. This structure may appeal to users looking for more stable alternatives to the high price volatility of crypto assets.
The 24/7 transaction capability and ease of transfer provided by the blockchain infrastructure can offer a more flexible usage experience compared to traditional gold markets. Additionally, the divisibility of the token structure stands out as a feature that could expand its use cases by enabling access to gold in lower amounts.
Furthermore, the ability to redeem it for physical gold and the verifiability of reserves can be considered key factors in building user trust. Such features may help establish a stronger link between digital assets and physical commodities. In this process, the selection of trading platforms is also crucial, and users are advised to choose from among reliable cryptocurrency exchanges.
However, when assessing the future of XAUT, it is important to consider that factors such as general developments in the cryptocurrency markets, regulatory frameworks, and market conditions may also play a role.
Tether Gold Review
The Tether Gold review highlights how its structure, backed by physical gold, serves as a bridge between traditional assets and crypto assets. Its value being pegged to gold sets it apart by offering the potential for a more stable price structure compared to highly volatile crypto assets.
One of the project’s notable features is its ability to bring physical gold ownership into the digital realm. This allows users to conduct transactions without having to directly deal with operational processes such as storage and transportation when investing in gold. Additionally, the divisible nature of the token structure can be evaluated for its ability to provide access with lower investment amounts.
XAUT’s ability to be traded 24/7 and easily transferred may offer greater flexibility compared to traditional gold markets. Furthermore, the fact that tokens can be exchanged for physical gold enables a direct link between the digital asset and the tangible commodity.
In terms of transparency, the fact that reserves can be verified through specific platforms stands out as a key factor. However, as with any cryptocurrency, it is important to remember that market conditions and various risk factors must also be taken into account. For this reason, it is important for users to choose reliable cryptocurrency exchanges when conducting transactions.
XAUT vs PAXG
XAUT and
PAXG stand out among tokenized assets backed by physical gold and pegged to the price of gold per ounce. Although they share a similar structure, they differ in some key aspects:
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PAXG is issued by New York-based Paxos and operates under the supervision of the New York State Department of Financial Services (NYDFS). XAUT, on the other hand, is issued by Tether Limited, and audit reports regarding its reserves are periodically shared.
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While PAXG’s gold reserves are held in LBMA-approved storage facilities in London, XAUT’s reserves are stored in high-security vaults in Switzerland, and users can verify these reserves through specific tools.
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In PAXG transactions, a commission may be applied at specific rates in addition to the network fee. On the XAUT side, there are no additional fees for withdrawal transactions; however, different fee structures may apply for transactions conducted through the issuer.
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Both assets can be converted into physical gold under certain conditions. These processes involve minimum quantity requirements and Know Your Customer (KYC) verification.
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While PAXG stands out for its regulation-focused structure, XAUT can be viewed as a structure that offers flexible transfer and usage options within the digital asset ecosystem.
FAQ
What is Tether Gold?
Tether Gold (XAUT) is a cryptocurrency asset where each token is backed by physical gold at a 1:1 ratio. Developed by TG Commodities in 2020, this structure aims to enable users to hold gold in a digital environment. Given its physical gold backing, the most fundamental answer to the question “What is Tether Gold?” is that it is a model that combines traditional gold with blockchain technology.
On Which Network Does XAUT Operate?
Tether Gold (XAUT) is available as a token operating on the Ethereum blockchain under the
ERC-20 standard and on the BNB Chain under the BEP-20 standard.
What Is the XAUT Supply?
There is no maximum supply limit for Tether Gold (XAUT). According to current data, the total supply stands at approximately 707,000 XAUT, while the circulating supply is approximately 557,000 XAUT. The supply may vary depending on physical gold reserves.
On which exchanges is Tether Gold available?
2025-05-30Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
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