Tether Gold(XAUT)價格 + 圖表

什麼是 Tether Gold?

Tether Gold (XAUT) is a gold-backed token issued by Tether, the same company behind USDT, with each XAUT representing one troy ounce of physical gold held in a Swiss vault. The token launched in January 2020 and is one of the largest gold-backed cryptocurrencies by market cap, alongside competitors such as Paxos's PAXG. The underlying gold is identifiable by serial number to a specific London Bullion Market Association (LBMA) good-delivery bar held in a Swiss vault, with the bar identifiers published on Tether's transparency page so holders can verify which bars back which token holdings.

XAUT bridges traditional gold investment with the speed, programmability, and 24/7 settlement of crypto. Traditional gold investments require either physical possession (with associated insurance and storage costs), allocated accounts at a specialist custodian (with bank-hours redemption windows), or unallocated gold ETFs (with no direct claim to specific bars). XAUT sits in between: each token corresponds to a specific physical bar, but transfers happen on Ethereum or Tron in seconds at fractions of a cent, and the token can be swapped on DEXes alongside stablecoins, ETH, and BTC.

The token is issued natively on Ethereum (ERC-20) and Tron (TRC-20). Most retail volume sits on Tron because of dramatically lower transfer fees, while institutional flow concentrates on Ethereum for DeFi composability. XAUT's price tracks the spot price of gold (XAU) closely on global commodity markets, with secondary-market deviations typically within 0.5% during normal trading conditions. Holders pay no management or storage fees on XAUT — those costs are absorbed by Tether — but they do bear counterparty risk on the issuer and on the Swiss vault's custody arrangements.

XAUT is redeemable for physical gold by approved institutional accounts that meet Tether's verification thresholds, with redemption sizes typically requiring multiple bars. Retail users do not redeem directly for physical gold; instead they sell XAUT on the secondary market for stablecoins, fiat, or other crypto. As of 2025, XAUT is among the fastest-growing tokenised commodity products, benefiting from broader institutional interest in tokenised real-world assets and from gold's traditional role as an inflation and currency-debasement hedge.

主要功能： Tether Gold

• 1:1 Physical Gold Backing: Each XAUT represents one troy ounce of physical gold identifiable by serial number to a specific LBMA good-delivery bar held in a Swiss vault. Bar identifiers are published on Tether's transparency page.
• Multi-Network Issuance: XAUT is issued on Ethereum (ERC-20) and Tron (TRC-20), allowing retail users to transact at Tron's sub-cent fees while preserving Ethereum DeFi composability for institutional flow.
• No Management or Storage Fees: Holders pay no recurring management or storage fees on XAUT — those costs are absorbed by the issuer. This contrasts with traditional gold ETFs that charge annual expense ratios.
• 24/7 Settlement: XAUT transfers happen in seconds on Ethereum or Tron at any hour, eliminating the bank-hours redemption windows that constrain allocated gold accounts and traditional gold products.
• Institutional Redemption to Physical Gold: Approved institutional accounts that meet Tether's verification thresholds can redeem XAUT directly for physical gold delivery, providing a direct link between the token and the underlying metal.

Tether Gold 應用場景

• Tokenised Gold Investment: XAUT lets investors gain exposure to gold price action in token form, with 24/7 settlement and no management fees. Suits portfolios that want gold exposure without the friction of physical custody or bank-hours redemption.
• Inflation and Currency-Debasement Hedge: Gold has historically served as an inflation and currency-debasement hedge. XAUT provides this exposure within the crypto ecosystem, complementing crypto-native assets that may be more correlated with risk-on equity markets.
• DeFi Collateral: XAUT can be used as collateral on Ethereum DeFi lending markets that accept it, allowing users to borrow stablecoins against tokenised gold without selling the underlying position.
• Cross-Border Gold Transfer: XAUT settles in seconds across borders without the customs, insurance, and physical-delivery friction of moving real bullion. This makes it useful for clients who want gold exposure that crosses jurisdictions easily.
• Diversification Within Stablecoin Portfolios: Treasuries hold a small XAUT allocation alongside USD-pegged stablecoins to add precious-metal diversification without leaving the crypto rails.

Tether Gold 代幣經濟學

總供應量

XAUT has no fixed cap. Supply expands when authorised partners deposit physical gold with Tether's vault custodian and contracts when they redeem. Total supply currently corresponds to several hundred thousand troy ounces of gold equivalent.

流通量

All circulating XAUT is backed one-to-one by physical gold bars in a Swiss vault. There is no pre-mine or vesting; supply is purely demand-driven and is published on Tether's transparency page.

用途

XAUT is a tokenised gold instrument. Holding XAUT does not confer governance rights and does not pay yield — the value comes from the price of the underlying gold.

發行速率

Mint and burn happen at par against gold deposits and redemptions by approved institutional partners. There is no algorithmic emission or yield distribution to holders.

如何購買 Tether Gold

1. 1

   1. Choose your venue

   Bitfinex (Tether's sister exchange) typically has the deepest XAUT liquidity. Other options include OKX, Gate.io, and Solana / Ethereum DEXes for on-chain swaps.

2. 2

   2. Create an account

   Sign up at the chosen exchange and complete identity verification.

3. 3

   3. Fund your account

   Deposit fiat via bank transfer or transfer in USDT, USDC, or BTC. For minimal fees on the eventual XAUT withdrawal, deposit on Tron (TRC-20).

4. 4

   4. Place a XAUT order

   Open the XAUT/USD or XAUT/USDT pair, choose Market or Limit, enter the size (minimum is typically equivalent to a few dollars), and execute.

5. 5

   5. Withdraw or hold

   Withdraw XAUT to a self-custody Ethereum or Tron wallet, or keep on the exchange. For long-term storage, a hardware wallet on Ethereum provides additional security; Tron is cheaper for transfers.

Tether Gold 歷史表現

XAUT launched in January 2020 and has tracked the spot price of gold closely since inception, with secondary-market deviations typically within 0.5%. Total supply has scaled with broader institutional and retail interest in tokenised gold. The token benefits from gold's traditional role as an inflation and currency-debasement hedge during periods of macro uncertainty.

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