What is Tether Gold?

Symbol: XAUT · Market cap rank: #38

Short answer

Tether Gold (XAUT) is a cryptocurrency currently ranked #38 by market capitalisation. It is classified as RWA.

Source: isthiscoinascam.com

Overview

Tether Gold (XAU₮) is a digital token representing ownership of one troy fine ounce of physical gold, specifically linked to designated gold bars. It operates as an ERC-20 token on the Ethereum blockchain and a TRC20 token on the TRON blockchain, allowing transfers to any on-chain address from a Tether wallet.

The physical gold is stored in a vault located in Switzerland, with a focus on security and anti-threat measures. Tether Gold differentiates itself by not charging custody fees, providing users with direct control over their gold holdings.

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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