Project Safety Score: 71%
Updated 6 minutes agoTether 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.
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Bridge safety score 71 out of 100. The bridge safety assessment for Tether Gold indicates a solid performance with a score of 71. The project's market capitalization suggests it is well-established, valued at approximately $2.73 billion. However, the score reflects a historical bridge incident that has been documented, which may introduce some caution. A thorough understanding of the bridge's safety measures and protocols is advisable.
Inherent crypto risk. While Tether Gold showcases decent scores in various safety metrics, it is crucial to remember that all cryptocurrencies, including wrapped assets, carry inherent risks related to market volatility and regulatory changes. Potential investors should conduct their own due diligence before considering any involvement with this asset.
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Prior: Bitfinex, TetherServes as Chief Technology Officer for Tether and Bitfinex.
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Prior: Bitfinex, TetherServes as General Counsel for Tether and Bitfinex.
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Audit confirmed that Tether Gold is fully backed by gold reserves stored in Swiss vaults.
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0.9
Tether is a $118 billion scam; no proof of reserves; audit has never been done; USDT is printing counterfeit money.Justin Bons · source ↗
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CFTC 2021-10-15$41 million fine for "untrue or misleading statements" about reserves ↗
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audit_failure 2017-01-01Friedman LLP audit attempt failed to complete, creating years of market skepticism. ↗
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TronWeekly · 2024-09-17
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CoinLive · 2024-09-16
- ✓Fully backed by gold reserves stored in Swiss vaults, as confirmed by audit.
- ✓Established presence in tokenized gold market.
- ✗Bridge incident history
- ✗Allegations of fraud and lack of transparency regarding reserves.
- ✗Failed audit attempts leading to market skepticism.
Price Chart - Tether Gold
Contract Security
0x68749665ff8d2d112…On-Chain Facts
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0x5754284f345afc66a…16.30% -
0x73f17d2f6572b436e…9.11% -
0x742d35cc6634c0532…8.44% -
0x785f041a4dae0c1e5…5.50% -
0xf9b35626ae6a1940f…5.40% -
0x77134cbc06cb00b66…3.06% -
0x073f564419b625a45…2.79% -
0xb9c2321bb7d0db468…2.64% -
0x93008d95635ed7591…2.36% -
0x18e13eb54f68b25f1…2.35%
Tether Gold Exchanges
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Technical Analysis
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