From ancient civilizations, humans have used gold as money and a store of value. Since then, and especially in times when the overall macro market has been in distress, gold has been used as a hedge.
Tether Gold (XAUT) is a digital asset backed by physical gold, providing a secure and stable way to hold and transfer value. Each token represents ownership of one troy fine ounce of gold held in a Swiss vault. This unique feature makes Tether Gold an attractive option for investors seeking exposure to gold without the logistical challenges of physical ownership.
The main use case for Tether Gold is as a digital representation of physical gold, offering a convenient and efficient way to trade and transfer gold holdings. The asset's key features include transparency, as the gold reserves backing the tokens are regularly audited and published. Additionally, Tether Gold benefits from the security and immutability of blockchain technology, ensuring the integrity of the underlying gold reserves and the seamless transfer of ownership.
Tether Gold (XAUT) operates as a decentralized digital asset that is backed by physical gold, providing a secure and transparent way to own, store, and transfer gold. It leverages blockchain technology to enable peer-to-peer transactions, allowing users to trade and transfer XAUT without the need for intermediaries. The underlying blockchain technology ensures immutability and transparency of transactions, while the consensus mechanism, typically based on a proof-of-reserve model, validates the existence of physical gold backing the digital asset.
Tether Gold's unique feature lies in its ability to represent ownership of physical gold while being easily transferable and divisible. This distinguishes it from traditional financial systems, offering a more efficient and accessible way to gain exposure to gold. Use cases for Tether Gold span across various industries, including investment, trading, remittances, and decentralized finance, providing a versatile and secure alternative to traditional gold ownership and transfer methods.
XAUt is an excellent asset for institutional investors. It provides you ownership of real physical gold with all the benefits of a crypto asset.
Neutral Monetary Unit
Gold is a neutral monetary asset. Its supply is relatively scarce and the production of new gold is geographically distributed.
Direct gold Exposure
XAUt combines direct exposure to the price of physical gold with the ease of accessibility and transactional utility of a crypto asset.
No custodian fees
There are no custody fees, zero fees are charged when you keep your XAUt at GxGold Private Limited. Certain additional fees on redemption may apply.
24/7 Customer Support
We have a global customer support team ready at your service around the clock. No matter where you are and which time zone you are in, we will be available when you reach out to us.
Jan 10, 2025
Nov 11, 2024
June 17, 2024
support@gxgold.net
House of Francis, Room 303,
Ile Du Port, Mahe, Seychelles
© 2024 GXGOLD PRIVATE LIMITED. All Rights Reserved.