Tether Gold update: XAUT Live price, price chart, news and markets

The XAUT price update as of now is $2,639.30. In the previous 24 hours, its trading volume was $2,762,882, and its value has increased by 0.22%. As of now, XAUT's live market cap is $225,441,876, and it is ranked as the #254 on the Coincu. XAUT has a circulating supply of 85,417 and a maximum supply of 85,417.

Introducing Tether Gold: The Future of Digital Assets Tether Gold (XAUT) revolutionizes the cryptocurrency market with its unique offering. Backed by Tether, the organization famous for its widely-used stablecoin USDT, Tether Gold presents a secure and valuable asset: a cryptocurrency backed by gold. A New Era of Stability with Tether Gold Throughout history, gold has proven to be a reliable store of value. Tether Gold encapsulates this stability by representing 1 Troy Ounce of Gold (31.1 grams) adhering to the esteemed London Good Delivery standards. This ensures the digital asset's security while being pegged to the value of gold. Emerging as a Strong Competitor While other cryptocurrencies backed by gold exist, Tether Gold emerges as a formidable player in the Bitcoin store of value market. Leveraging the reputation and popularity of Tether, the most widely-accepted stablecoin, Tether Gold has a significant advantage in earning trust and achieving success. Unlocking the Potential of Tether Gold Understanding the Functionality of Tether Gold Achieving true ownership of specific gold bars becomes a reality for Tether Gold holders. By storing the gold in a highly secure vault in Switzerland, equipped with state-of-the-art security measures, Tether ensures the utmost safety for its users. Complete Transparency and Accessibility Each allocated gold bar is uniquely identified by a serial number, weight, and purity. Tether Gold holders can conveniently access all the necessary information about the gold bars associated with their wallet address through easily accessible lookup websites. Direct Control at Zero Custody Fees Tether Gold sets itself apart from competitors by offering holders zero custody fees and direct control over their gold storage. This enables users to have peace of mind and full authority over their precious asset. Challenges and Potential Concerns While Tether boasts an impressive track record, questions regarding auditability have been raised in the past. It was discovered that only 74% of stablecoin USDT is backed by USD, casting some doubt on the extent to which Tether Gold is fully backed by gold. The Importance of Tether Gold in a Changing Landscape Preparing for the Future As investors and traders increasingly turn to stablecoins backed by USD, it is crucial to consider the potential rise in the value of gold. During times of economic crises and financial downturns, precious metals such as gold tend to retain their value while fiat currency and reserves decline. Owning a gold-backed cryptocurrency like Tether Gold can serve as a reliable means of storing value during such negative situations. Additionally, Tether Gold eliminates the drawbacks associated with physical gold, including high storage costs and limited accessibility. Unlocking the Key Features of Tether Gold Easy Accessibility with Tether Gold Tether Gold operates as an ERC-20 token on the Ethereum blockchain, allowing for seamless trading and movement across the globe. This easy accessibility enhances its usability and convenience. Personal Ownership Made Easy With each Tether Gold coin representing ownership of a specific Troy Ounce of Gold, holders can effortlessly verify the details of the associated gold bars through lookup websites. This transparency empowers users with complete control over their investments. Flexible Redemption Options Tether Gold holders have the freedom to redeem their tokens for physical gold. They can either opt to have the gold delivered to a location of their choice in Switzerland or rely on TG Commodities Limited to sell the gold on their behalf (minus fees). This flexibility allows users to maximize their options. 24/7 Global Customer Support Tether Gold takes pride in providing round-the-clock customer support to its users worldwide. This ensures that assistance is readily available regardless of the time zone, further enhancing the overall user experience. Embracing the Future with Tether Gold: Roadmap Updating... : Click Here