What is Tether Gold?

Symbol: XAUT · Market cap rank: #37

Short answer

Tether Gold (XAUT) is a cryptocurrency currently ranked #37 by market capitalisation. It is classified as RWA.

Source: isthiscoinascam.com

Overview

Tether Gold (XAU₮) is a digital token that represents ownership of one troy fine ounce of physical gold stored in Switzerland. It is available as an ERC-20 token on the Ethereum blockchain and as a TRC20 token on the TRON blockchain, allowing for transfers to any on-chain address from the purchasers' Tether wallet.

The project is designed with zero custody fees and direct control over physical gold storage, emphasizing security measures. Tether Gold serves as a means for token holders to represent their ownership of gold in a digital format.

Launched: 2020

Headquarters: El Salvador

Scam-risk analysis

Tether Gold is rated BBB on isthiscoinascam.com. Is Tether Gold a scam?

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