Profile
XAUT profile facts
Tether Gold (XAUT) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Gold.
- Collateral
- LBMA Good Delivery gold bars held in Swiss vaults by an undisclosed Swiss custodian; each token represents one fine troy ounce
- Peg mechanism
- Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; redemption requires a whole gold bar, with a possible 430 XAUt deposit adjusted to the bar's actual fine-gold content; physical delivery to Switzerland only. Supply figures include XAUt0 (omnichain variant via LayerZero lock-and-mint) deployed on TON, Solana, Arbitrum, and other chains
- Jurisdiction
- El Salvador / CNAD / Stablecoin Issuer & DASP
- Proof of reserves
- Independent Attestation by BDO Advisory Services S.r.l. Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
XAUT quick answers
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What is Tether Gold (XAUT)?
XAUT is Tether's gold-backed commodity token, with each token representing one fine troy ounce of LBMA Good Delivery gold held in Swiss vaults. The static profile records its Gold peg mechanism as: Direct 1:1 redemption for physical gold through TG Commodities, S.A. de C.V.; redemption requires a whole gold bar, with a possible 430 XAUt deposit adjusted to the bar's actual fine-gold content; physical delivery to Switzerland only.
Is XAUT safe?
As of Oct 24, 2026, Pharos grades XAUT B+ (75/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs XAUT?
Pharos records XAUT's reserves as of Jun 30, 2026 as 100% Physical gold bars (LBMA Good Delivery, Swiss vaults). Reserve evidence: Independent Attestation by BDO Advisory Services S.r.l., latest period ending Jun 30, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can XAUT be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for XAUT, when applicable, appear in the live dossier on this page.
How do you redeem XAUT?
Under the route Pharos reviewed on Sep 21, 2026, customers the issuer has verified can redeem XAUT for physical metal, starting at 430 XAUT. Settlement takes multiple days. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
