What Is Tether Gold (XAUT)? A Complete Guide to the Gold-Backed Token
**Tether Gold (XAUT) is a crypto token backed one-to-one by physical gold held in Swiss vaults. Each token represents one troy ounce of gold, it is issued by Tether — the company behind the USDT stablecoin — and it trades around the clock on major exchanges.** In plain terms: XAUT gives you exposure to the gold price on-chain, without having to buy, ship, store, or insure a physical bar yourself.