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Information about Tether Gold (XAUT)
Tether Gold (XAUT) is a digital asset structured as a stablecoin, pegged to the value of gold. Each XAUT token represents indirect ownership of one troy ounce of physical gold, stored in secure vaults. It combines the benefits of physical gold with the convenience and liquidity of digital assets, allowing holders to transact globally while avoiding traditional gold custody issues.
Tether Gold (XAUt) was first launched in 2020 with the aim of making gold investment accessible to everyone without the need for physical gold. Combining the advantages of traditional gold with the fast trading features of cryptocurrency, Tether Gold (XAUt) offers users a more convenient gold investment experience than ever before. Additionally, Tether Gold can also be used by investors as a hedge against inflation, similar to physical gold.
XAUT is a stablecoin operating on Ẹthereum according to ERC20 standard, and can be used to:
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