{"id":"tether-gold-xaut","title":"Tether Gold (XAUt)","content":"**Tether Gold (XAUt)** is a [stablecoin](https://iq.wiki/wiki/stablecoin) pegged to the price of gold. [Tether](https://iq.wiki/wiki/tether), the company behind the [stablecoin](https://iq.wiki/wiki/stablecoin) [USDT](https://iq.wiki/wiki/tether), issues it. It is an [ERC-20](https://iq.wiki/wiki/erc-20) token operating on the [Ethereum](https://iq.wiki/wiki/ethereum) [blockchain](https://iq.wiki/wiki/blockchain), launched for the first time in January 2020. Each unit of Tether Gold represents one troy fine ounce of gold and is supported by physical bars that adhere to the London Good Delivery (LGD) standard. [\\[1\\]](#cite-id-z722dfinvt)​\n\n[YOUTUBE@VID](https://youtube.com/watch?v=2WrAmybBJUg)\n\n## Overview\n\nTether Gold (XAUt) is a [blockchain](https://iq.wiki/wiki/blockchain)-based token launched in 2020 by TG Commodities to represent ownership of physical gold. Each token corresponds to one fine troy ounce of gold stored in secure, compliant vaults. Tokens are divisible up to six decimal places, allowing for fractional ownership.\n\nXAUt enables 24/7 global trading and eliminates the logistical challenges of storing and transporting physical gold. Each on-chain address holding XAUt is linked to specific gold bars identified by serial numbers. Tether reallocates physical gold when transferring tokens, maintaining a one-to-one backing with specific bars.\n\nToken holders can redeem XAUt for physical gold—delivered to a location in Switzerland—or request a sale of the gold and receive the proceeds. Redemption requires meeting minimum thresholds, paying fees, and completing identity verification. XAUt can be acquired directly through Tether or on secondary markets. [\\[3\\]](#cite-id-1brxt3negmg)​\n\n## Utility\n\nTether Gold (XAU₮) offers several practical advantages over physical gold ownership. Like other [cryptocurrencies](https://iq.wiki/wiki/cryptocurrency), the tokens are easy to transport, removing the logistical challenges of moving physical gold. They are divisible to one-millionth of a troy ounce, allowing precise, flexible investments. XAU₮ tokens trade 24/7 on supported exchanges worldwide, unlike physical gold, which is limited by location and market hours. Holders can redeem tokens for physical gold bars delivered in Switzerland. Storage of XAU₮ tokens is simple and avoids the high costs and geopolitical risks of storing physical gold. Additionally, each token's physical gold backing is fully verifiable online, with detailed allocation information. Each token corresponds to ownership of one fine troy ounce of gold, held securely in a Swiss vault, with no custody fees, and is available as [ERC-20](https://iq.wiki/wiki/erc-20) on [Ethereum](https://iq.wiki/wiki/ethereum) and [TRC-20](https://iq.wiki/wiki/trc-20) on [TRON](https://iq.wiki/wiki/tron) [blockchains](https://iq.wiki/wiki/blockchain). [\\[3\\]](#cite-id-1brxt3negmg)​\n\n### Tether Gold adds the Scudo Unit\n\nOn January 6, 2026, [Tether](https://iq.wiki/wiki/tether) introduced a new unit of account for its gold-backed stablecoin, Tether Gold (XAUT), called \"Scudo.\" The move was intended to improve the usability of the token for smaller transactions. A Scudo is defined as one-thousandth (1/1000th) of a fine troy ounce of gold, or 0.001 XAUT. [\\[4\\]](#cite-id-qjFWG3t31KAh70Bx) \n\nThe introduction of Scudo was motivated by the rising price of gold, which had reportedly surpassed $4,550 in 2025, making fractional transactions with long decimal places cumbersome. \n\nBy introducing a smaller subunit, Tether aims to make XAUT more practical for micro-transactions, drawing an analogy to the relationship between [Bitcoin](https://iq.wiki/wiki/bitcoin) and its satoshi subunit. The update was implemented on Tether's backend and does not affect the underlying structure of XAUT tokens or existing balances, with transactions in Scudo being automatically converted to their gold weight equivalents. \n\nAccording to the announcement, XAUT was the most-used gold-backed token by market capitalization at the time, representing about half of the total $4.3 billion market for all tokenized gold assets. [\\[4\\]](#cite-id-qjFWG3t31KAh70Bx) \n\n​\n\n​","summary":"Tether Gold (XAUt) is a stablecoin pegged to gold, operating on the Ethereum blockchain and backed by physical gold bars stored in secure custodial vaults.","images":[{"id":"QmQSYCEpHGBzcxweecFDh2Fom6r643gQfiede63RekhnzY","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"tags":[{"id":"Ethereum"},{"id":"Stablecoins"}],"media":[{"id":"https://www.youtube.com/watch?v=2WrAmybBJUg","size":null,"name":"2WrAmybBJUg","type":null,"source":"YOUTUBE"}],"metadata":[{"id":"references","value":"[{\"id\":\"z722dfinvt\",\"url\":\"https://currency.com/what-is-tether-gold-xaut\",\"description\":\"What is XAUT\",\"timestamp\":1686492043903},{\"id\":\"hxyv5i1bm9i\",\"url\":\"https://www.securities.io/investing-in-tether-gold/\",\"description\":\"Tether Gold\",\"timestamp\":1686494595841},{\"id\":\"1brxt3negmg\",\"url\":\"https://gold.tether.to/Tether%20Gold%20Whitepaper.pdf\",\"description\":\"XAUT Whitepaper\",\"timestamp\":1686494618210},{\"id\":\"qjFWG3t31KAh70Bx\",\"description\":\"scudo unit addition\",\"timestamp\":1767788557927,\"url\":\"https://coincentral.com/tether-introduces-satoshi-style-scudo-unit-for-gold-token-xaut/\"}]"},{"id":"website","value":"https://gold.tether.to "},{"id":"twitter_profile","value":"https://twitter.com/tethergold"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/tether-gold/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/tether-gold"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmNeuUU8ZxdQ3AYwkmtv6YmWLKJDb7xR1SzzHSgW7yru7D\""},{"id":"commit-message","value":"\"Removed redundant introductory content and video\""},{"id":"previous_cid","value":"QmNeuUU8ZxdQ3AYwkmtv6YmWLKJDb7xR1SzzHSgW7yru7D"}],"events":[{"id":"3b2d2580-7400-4966-b7c9-1d311ed66ac6","date":"2020-01-01","title":"Launch of Tether Gold","type":"CREATED","description":"Launch of Tether Gold","link":"https://academy.yellowcard.io/topics/what-is-tether-gold-xaut/","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0xfaF91FF28393Cf9292A351DbEa5FA6DCF34538D3"},"operator":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum","tron"],"founders":["brock-pierce","craig-sellars","reeve-collins"],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"64331f8b-f227-416a-8c6a-02a2167b92e0\",\"title\":\"Tether Gold (XAUt)\",\"description\":\"Tether Gold (XAUt) is a stablecoin pegged to gold, operating on the Ethereum blockchain and backed by physical gold bars stored in secure custodial vaults.\",\"timestamp\":\"2026-01-07T12:24:42.317Z\",\"category\":\"Cryptocurrencies\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0xfaF91FF28393Cf9292A351DbEa5FA6DCF34538D3\",\"address\":\"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Tether Gold adds the Scudo Unit\",\"subtitle\":\"A new section was added detailing the introduction of the Scudo unit for Tether Gold (XAUT).\",\"variant\":\"added\",\"changeCount\":4,\"changes\":[\"On January 6, 2026, Tether introduced a new unit called \\\"Scudo\\\" for its gold-backed stablecoin, XAUT, where one Scudo equals 1/1000th of a fine troy ounce of gold, or 0.001 XAUT. [[4]](#cite-id-qjFWG3t31KAh70Bx)\",\"The introduction of Scudo was a response to the rising price of gold, which reportedly surpassed $4,550 in 2025, making fractional transactions with long decimal places difficult.\",\"This update aims to make XAUT more practical for micro-transactions, similar to the relationship between Bitcoin and its satoshi subunit, and was implemented on Tether's backend without affecting the token's underlying structure.\",\"At the time of the announcement, XAUT was the most-used gold-backed token by market capitalization, accounting for about half of the $4.3 billion market for tokenized gold assets. [[4]](#cite-id-qjFWG3t31KAh70Bx)\"]},{\"title\":\"Events\",\"subtitle\":\"The launch event details were updated.\",\"variant\":\"modified\",\"changeCount\":3,\"changes\":[\"Changed date from '2020-01' to '2020-01-01'.\",\"Removed the 'speakers' field.\",\"Added new fields: 'continent', 'country', 'multiDateStart', and 'multiDateEnd'.\"]},{\"title\":\"Videos\",\"subtitle\":\"Metadata for an embedded video was updated.\",\"variant\":\"modified\",\"changeCount\":2,\"changes\":[\"Removed the 'caption' and 'thumbnail' fields.\",\"Added 'size' and 'type' fields with null values.\"]},{\"title\":\"References\",\"subtitle\":\"A new reference regarding the Scudo unit was added.\",\"variant\":\"added\",\"changeCount\":1,\"changes\":[\"Added new reference: 'scudo unit addition'.\"]},{\"title\":\"Metadata\",\"subtitle\":\"New metadata fields were added to track wiki changes and score.\",\"variant\":\"added\",\"changeCount\":4,\"changes\":[\"Added metadata 'words-changed' with value '1069'.\",\"Added metadata 'percent-changed' with value '192.36'.\",\"Added metadata 'blocks-changed' with value 'content, tags'.\",\"Added metadata 'wiki-score' with value '69'.\"]}]}]}"}