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What is Tether Gold (XAUt)?

Tether Gold basic info

Name:Tether Gold
Ticker:
Introduction:

What is Tether Gold?

Created by Tether, a company well-known for its USD-pegged stablecoin USDT, Tether Gold is a stablecoin that is pegged to the value of physical gold. Launched in 2020, it aims to make gold—a traditional and well-respected asset—more accessible and convenient for both individual and institutional investors. The digital token is backed by actual gold bars stored in a secure Swiss vault under Tether's management. Unlike other digital assets that experience high volatility, Tether Gold offers a stable and reliable store of value, as each token is equivalent to one troy fine ounce of London Good Delivery gold. Currently, XAUT is available only on the Ethereum blockchain.

Resources

Official Documents: https://gold.tether.to/Tether%20Gold%20Whitepaper.pdf

Official Website: https://gold.tether.to/

How Does Tether Gold Work?

The mechanism that underpins Tether Gold is relatively straightforward. Each XAUT token is backed by one troy fine ounce of a London Good Delivery gold bar stored in a vault in Switzerland. These gold bars serve as collateral for the tokens, ensuring their value remains stable. Tokens can be fractionalized to six decimal places—up to 0.000001 troy fine ounces—making it possible to buy, sell, or trade smaller amounts of gold with ease.

One of the standout features of Tether Gold is that ownership of the token directly correlates to ownership of a specific gold bar in the Swiss vault. To enhance transparency, Tether is developing a tool that will allow users to ascertain exactly which gold bar corresponds to their XAUT token.

Moreover, Tether Gold offers other benefits, such as no custody or gas fees for users. The company also allows for the tokens to be redeemed for actual physical gold, which can be shipped to a designated address in Switzerland. Alternatively, the gold can be sold into USD, facilitated by Tether.

What is Tether Gold Token (XAUT)?

The Tether Gold token, XAUT, is the digital asset representing ownership of the physical gold in the Swiss vault. Like other tokens built on the Ethereum blockchain, XAUT can be sent, received, and stored in any Ethereum-compatible wallet. Given its unique properties and strong backing by physical gold, XAUT serves as both an investment tool and a stable medium of exchange.

Which Factors Affect Tether Gold Token (XAUT) Price?

While XAUT is designed to be stable and tied to the value of gold, several factors can influence its price:

- Gold Market Conditions: The most obvious factor is the price of physical gold itself. Fluctuations in gold prices will directly affect XAUT’s value.

- Demand and Supply: Like any other asset, the law of supply and demand applies. An increase in demand for XAUT without a corresponding increase in supply could lead to a premium over the gold spot price.

- Regulatory Changes: Legal frameworks around stablecoins and asset-backed tokens can influence investor confidence and, subsequently, the price of XAUT.

- General Economic Conditions: Economic stability or turmoil can influence the allure of gold as a safe-haven asset, which in turn could affect XAUT’s demand and price.

Tether Gold's Impact on Finance

Tether Gold (XAUT) represents a groundbreaking convergence of traditional finance and emerging blockchain technology, creating far-reaching implications for the financial landscape. By tokenizing physical gold, Tether Gold democratizes access to this precious asset, allowing for fractional ownership and eliminating barriers like high transaction costs and cumbersome storage logistics that have traditionally discouraged smaller investors from venturing into gold investment. Furthermore, the transparency and security afforded by blockchain technology amplify investor trust, making XAUT a viable and attractive option for portfolio diversification. In essence, Tether Gold serves as a bridge between conventional and digital assets, enhancing the inclusivity and flexibility of modern finance.

Conclusion

In conclusion, Tether Gold (XAUT) revolutionizes gold investment by combining the stability of traditional assets with the convenience and transparency of blockchain technology. It lowers entry barriers, offering a practical, secure, and innovative option for portfolio diversification. Its impact extends beyond mere investment convenience, shaping the broader financial landscape by merging the best elements of traditional and digital finance.

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Current price:
All-time high:$2,817.58
All-time low:$1,408.88

XAUt supply and tokenomics

Circulating supply:246,524 XAUt
Total supply:246,524 XAUt
Max supply:0 XAUt
Market cap:$649.16M
Fully diluted market cap:$649.16M
Tokenomics:

Uniqueness

1. Easy to Transport Transporting physical gold is challenging, however, transporting your XAUt tokens is as easy as taking your other crypto-assets with you, whenever you need to.

2. Easy Divisibility It’s difficult to split up your physical gold bars. However XAUt tokens are divisible into increments as small as 0.000001 fine troy ounce of gold.

3. 24/7 Trading with Ease Trading physical gold limits you to your location and trading hours. XAUt tokens however, can be traded 24/7, 365 days a year from anywhere in the world on exchanges that list XAUt Tokens.

4. Easily Redeemable Should you ever want to redeem your XAUt tokens for physical gold, you can. We deliver physical gold bars to any address in Switzerland.

5. Easy Storage Storing your physical gold can be expensive and can expose you to geopolitical risks. Storing your XAUt tokens is as easy as storing your other crypto-assets.

6. Easy Verifiable All physical gold that backs XAUt tokens can be tracked on our website. At any point in time, you can verify your gold allocation in our vaults.

Token utility

Each XAUT token represents ownership of one troy fine ounce of physical gold on a specific gold bar. XAUT, which is available as an ERC-20 token on the Ethereum blockchain and as a TRC20 token on the TRON blockchain, can be transferred to any on-chain address from the purchasers’ Tether wallet. Furthermore, Tether Gold (XAUT) is the product that offers zero custody fees and has direct control over the physical gold storage, safely held in a Switzerland vault, adopting security and anti-threat measures.

Links

Buy Tether Gold for $1Buy XAUt now

What is the development prospect and future value of XAUt?

The market value of XAUt currently stands at $649.16M, and its market ranking is #130. The value of XAUt is widely recognized by the market. When the bull market comes, the market value of XAUt will likely continue to increase.

Moreover, if XAUt can play a greater role in practical applications, such as Tether Gold builders fully leveraging the potential of XAUt, partnering with more businesses, and increasing its user base, the long-term value of XAUt will be significantly enhanced.

What will the price of XAUt be in 2025?
Based on XAUt's historical price performance prediction model, the price of XAUt is projected to reach $3,855.92 in 2025.
What will the price of XAUt be in 2030?
In 2030, the XAUt price is expected to change by +9.00%. By the end of 2030, the XAUt price is projected to reach $5,796.58, with a cumulative ROI of +120.30%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of XAUt and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is XAUt worth investing or holding? How to buy XAUt from a crypto exchange?

If you want to buy XAUt, the following information may be helpful for your investment decisions:
In the last 7 days, the price of XAUt has fallen by -1.14%, leading to negative returns for most XAUt investors. The market is currently pessimistic about the price trend of XAUt.
It is important to note that the current price of XAUt has retreated by -6.54% from its all-time high. This coin is currently considered low-risk, and its price is likely to reach new all-time highs. However, be mindful of significant pullbacks if the trading volume is huge.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether XAUt is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in XAUt or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of XAUt, if you want to buy or sell XAUt, you can consider Bitget for your trading needs. The best place to buy XAUt is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Tether Gold has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Tether Gold. Here's a step-by-step guide on how to buy Tether Gold on Bitget.

How to get Tether Gold through other methods?

Using cash to buy Tether Gold is not the only way to obtain Tether Gold. If you have the time to spare, you can get Tether Gold for free.
Learn how to earn Tether Gold for free through the Learn2Earn promotion.
Earn free Tether Gold by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Tether Gold airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Tether Gold through Bitget Convert, Bitget Swap, or spot trading.

What is Tether Gold used for and how to use Tether Gold?

The use case of Tether Gold may expand as the crypto market and the project itself develop. Currently, you can use XAUt to achieve the following goals:
Arbitrage by trading XAUt: Since XAUt is a frequently traded cryptocurrency, the price of XAUt is always fluctuating. Earn more XAUt by buying low and selling high on the exchange. Bitget spot market provides a variety of XAUt trading pairs to fully meet your needs.
Earn by staking XAUt: You can also generate income through financial management methods such as staking XAUt or lending XAUt. Bitget Earn offers a variety of financial products designed to help you earn more income from your XAUt.
Send or pay XAUt: If you want to give XAUt to your friends, a charity, or a fundraiser, or you want to pay someone with XAUt, you can quickly and easily send XAUt to the recipient through their payment address.
You can also go to the official website of the Tether Gold project to learn more about the use cases of XAUt. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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XAUt resources

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Tether Gold WebsiteTether Gold WhitepaperTether Gold TwitterTether Gold Github

XAUt price calculator

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XAUt
USD
1 XAUt = 2,633.25 USD
Last updated (UTC-0)
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