Tether Gold (XAUT) is now on PDAX 🪙

Love the idea of owning gold? Now there’s a way to hold it digitally too. Tether Gold (XAUT) is now on PDAX. No need to store physical gold in a vault somewhere in your home anymore (but to each their own).

What is XAUT?

Tether Gold (XAUT) is a digital asset launched in 2020 and backed by real, physical gold developed by Tether, which is well-known for its USD-pegged stablecoin USDT. Tether is a blockchain-enabled platform that facilitates the use of fiat currencies in a digital manner, disrupting the conventional financial system through a more modern approach to money. It has helped users do cross-border transactions across a blockchain.

Each XAUT token represents ownership of one troy ounce of gold (approximately 31.1 grams), securely stored in Swiss vaults. Unlike traditional gold investments that involve storage, transport, or paperwork, XAUT offers the ability to buy, hold, and transfer gold instantly on the blockchain.

XAUT was created to offer a stable, digital representation of gold that combines the reliability of a long-standing store of value with the flexibility of tokenized assets. Each token is also transparently verifiable – users can track their gold holdings and confirm physical allocation in real time via Tether’s website.

What is XAUT used for?

XAUT offers the convenience of digital assets while tracking the value of physical gold. Here are a few ways people use it:

--> Wealth preservation: Because it’s backed by gold, XAUT appeals to users looking for stability during times of inflation or market uncertainty.

--> Alternative to physical gold: Avoid the cost, hassle, and risk of storing real gold bars.

--> Cross-border transfers: Move gold value globally without traditional banking intermediaries.

Users can get exposure to gold while enjoying the benefits of blockchain-based transactions with XAUT through speed, transparency, and 24/7 availability.

XAUT Tokenomics

Unlike cryptocurrencies with large circulating supplies, XAUT's supply is capped and grows only in proportion to Tether’s gold reserves. All tokens are fully backed by physical gold that meets the London Bullion Market Association (LBMA) good delivery standards. XAUT isn’t designed for speculative reward programs, but instead provides users with direct exposure to gold prices.

The highest price paid for XAUT was $3,530.16, recorded on April 22, 2025. Meanwhile, the current price is at $3,373.49 and is ranked #125 in terms of market cap as of August 6, 2025.

Ready to make your next money move? XAUT is now on PDAX.
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