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Tether Gold (XAUT)

C+
Swiss Vault Custody (Tether-Managed)SPOFGold Investors & Crypto Traders

Tether Gold (XAUT) is a tokenized gold product where each token represents one troy ounce of London Good Delivery gold bar stored in Swiss vaults. XAUT is available on Ethereum and Tron. Physical gold can be redeemed by verified customers. Quarterly attestations are published by BDO Italia.

Visit Tether Gold (XAUT)
By Steve L, Editorial Lead·Reviewed by Proof of Custody Editorial
·Last updated Mar 2, 2026
64
Custody & SecurityEase of UseFeesFeaturesTransparencySupport
Score Breakdown
Custody & Security35% weight
62
Ease of Use20% weight
78
Fees15% weight
72
Features10% weight
58
Transparency10% weight
48
Support10% weight
55
Assessment
Key Strength

Each XAUT token represents ownership of one troy ounce of London Good Delivery gold stored in Swiss vaults. Available on Ethereum and Tron. Redeemable for physical gold delivery.

Primary Risk

Same transparency concerns as Tether (USDT). BDO Italia attestations, not full audits. Tether controls vault access and redemption. No individual bar serial number lookup (unlike PAXG).

Pros
  • +Physical gold backing
  • +High liquidity on major exchanges
  • +Physical redemption option
  • +Tether brand recognition in crypto
Cons
  • -BDO Italia attestations, not full audits
  • -No individual bar serial number lookup
  • -Same transparency concerns as USDT
  • -BVI jurisdiction
  • -Tether controls vault access
Custody Features
✕Multisig
✕Multi-Institution
✕No Single Point of Failure
✕Segregated Accounts
✕Proof of Reserves
✕Insurance
✕Regulated Custodian
No Physical Exposure
✕Multi-Jurisdiction
✕Inheritance
✕Segregated Insurance
✕IRA
✕Lending
Buy/Sell
✕Dynasty Trusts
Fees
0.25% creation fee
Minimum$50 (on exchanges)
Regulatory
Jurisdiction
British Virgin Islands
Custody Independence Standard
0 of 4 pillars met
Vendor independenceNot met
Entropy independenceNot publicly documented
Control independenceNot met
Operational independenceNot met

1 independent party or system must fail before a Tether Gold (XAUT) holder's bitcoin is at risk.

  • •A single institution controls the keys, so its compromise, insolvency, or unilateral action is sufficient to put funds at risk.
How this is assessed →
Insurance

Tether Gold (XAUT)'s custody insurance is not publicly disclosed.

Frequently asked questions
Is Tether Gold (XAUT) safe?+

Tether Gold (XAUT) uses a swiss vault custody (tether-managed) model and scores 64/100 in our independent review, including 62/100 on custody security. One institution can move funds, which is a single point of failure. Safety depends on your priorities; see the full score breakdown above.

Is my bitcoin insured at Tether Gold (XAUT)?+

Tether Gold (XAUT)'s custody insurance is not publicly disclosed in a form we can verify. Where it exists, custody insurance covers specific named events up to shared limits and does not cover price loss. Confirm coverage in writing before relying on it.

What happens to my bitcoin if Tether Gold (XAUT) fails?+

Because Tether Gold (XAUT) holds custody through a single institution, recovery in a failure would run through that institution's bankruptcy or resolution process and depends on whether assets were segregated and properly titled. This is the concentration risk of single-custodian models.

Does Tether Gold (XAUT) support inheritance?+

Tether Gold (XAUT) does not advertise a dedicated inheritance or beneficiary feature in the data we track. Confirm current options with the provider, since custody inheritance handling changes.

Compare

Tether Gold (XAUT) vs Others

vs OnrampA
90/100
vs Onramp FinanceA
89/100
vs UnchainedA-
85/100
vs Onramp LendingA-
84/100