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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.
64
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)
Security
Insurance & Regulatory
Jurisdiction
British Virgin Islands
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