XAUT, also known as Tether Gold, is a digital token where each ERC‑20 unit on Ethereum represents ownership of one troy ounce of LBMA-approved physical gold held in secure Swiss vaults. Developed by Tether—the company behind USDT—XAUT merges the stability of gold with the convenience of blockchain. It's fully divisible down to tiny fractions, offering global investors a liquid, programmable way to hold gold without dealing with physical storage, security, or transportation issues.
