Tether Gold price

in USD
$3,416.20
+$32.2000 (+0.95%)
USDUSD
Market cap
$842.40M
Circulating supply
246.52K / 246.52K
All-time high
$17,000.00
24h volume
$30.91M
3.3 / 5

About Tether Gold

RWA
Official website
Block explorer
CertiK
Last audit: Apr 1, 2019, (UTC+8)

Tether Gold’s price performance

3 months
+1.55%
$3,364.00
30 days
+1.50%
$3,365.40
7 days
+2.32%
$3,338.50
Today
+0.95%
$3,384.00
64%
Buying
Updated hourly.
More people are buying XAUT than selling on OKX

Tether Gold on socials

gnarleyquinn
gnarleyquinn
The $PUMP token is the absolute worst performer on the coinmarketcap index. Send the blockchain cancer to zero.
189.7K
26
币界网
币界网
On July 19, under the dual impact of the political storm in Washington and the escalation of the situation in the Middle East, the US stock market staged a roller coaster again on Friday. The Dow closed down 0.32% with a collective pullback in the S&P 500, in contrast to the Nasdaq's slight 0.05% gain, while the CBOE Volatility Index (VIX) peaked at 19.32 during the day, exposing market panic. The financial turmoil triggered by White House personnel rumors is giving birth to a new asset allocation logic in the non-custodial architecture of the XBIT decentralized exchange platform. Market nerves in the political whirlpool While Trump denied rumors of Powell's firing at the Andrews base, traders on Wall Street were going through ice and fire. In early trading, Bloomberg broke the news that triggered a 300-point dive in the Dow, and the U.S. dollar index plummeted from 97.71 to 98.21 in a V-shaped reversal, reflecting the market's deep concerns about the Fed's policy independence. This uncertainty directly pushed the 10-year Treasury yield to 4.453%, while data from the XBIT decentralized exchange platform showed that crypto asset trading volume increased by 17% against the trend during the same period, indicating that decentralized finance is becoming a risk hedge in traditional markets. It is worth noting that Trump's preference for low interest rate policies and hints at Hassett are shaking the foundation of the Fed's decision-making. This political intervention is expected to trigger a unique phenomenon on the XBIT decentralized trading platform: despite Bitcoin's 2.3% intraday decline, the trading pair depth of USDT's stablecoin on the platform has increased by 40%, and users can automatically hedge interest rate risks through smart contracts, an innovative model unimaginable in traditional markets. Geopolitical conflicts have given rise to a new paradigm of risk aversion The tension in the Middle East caused by Israeli airstrikes in Syria has a double impact with the escalation of the US-EU trade war. When the price of gold hit an all-time high of $3,352 per ounce, the XBIT decentralized exchange platform showed unusual calmness. According to the data of the Binance.com APP, the premium rate of the platform's gold token XAUt has always been controlled within 0.8%, thanks to its innovative cross-chain oracle system, which synchronizes the price of the London Futures Exchange in real time and automatically adjusts the collateral ratio through smart contracts. More noteworthy is the "war insurance" smart contract product launched by the XBIT platform, which allows users to automatically convert assets into stablecoins when conflicts escalate. This innovation, which encodes georisk as an executable protocol, attracted over $1.2 billion in inflows this week, showing that the digital asset market is evolving to surpass traditional finance as a risk management tool. XBIT technology breaks through and reconstructs trading logic When the traditional market is anxious about the severe fluctuations of the VIX index, the XBIT decentralized exchange platform has achieved stable operation through three core technological breakthroughs: first, it adopts the Optimistic Rollup expansion solution to compress the transaction confirmation time to 2 seconds; second, a built-in decentralized arbitration system can automatically handle disputes caused by oracle delays; Third, innovative liquidity fragmentation technology splits large orders into hundreds of small units for decentralized execution. In addition, XBIT. Exchange decentralized trading platform does not need to rely on centralized servers or institutions, transactions are executed on the blockchain through smart contracts, users always have private keys, assets are stored in personal wallets instead of exchange custody, and higher security. These technical advantages were fully verified in the market on July 19. When the Dow Jones index plummeted in early trading, the XBIT platform did not experience any liquidity depletion, and the slippage of the BTC/USD trading pair was always controlled within 0.1%. What's even more surprising is that the institutional trading volume on the platform accounted for 38%, an increase of 12 percentage points from the previous month, proving that professional investors are incorporating XBIT into their core asset allocation. The way to break the monetary policy puzzle Although the probability that the Fed will keep interest rates unchanged in July is as high as 92%, market expectations for a rate cut in September have risen to 67%. Trump's behavior of pressuring interest rate cuts through social media has spawned a unique "policy hedging" strategy on the XBIT exchange. Users can simultaneously short the US dollar index and long gold tokens through smart contracts, which requires complex hedging in traditional markets and can be completed with just one click on the XBIT platform. More noteworthy is the "interest rate derivatives protocol" being tested by the XBIT team, which allows users to directly trade digital certificates of the Federal Reserve's policy rate. This initiative to transform monetary policy into tradable assets, if successfully commercialized, will completely change the way financial markets respond to central bank decisions. The evolution direction of safe-haven asset allocation In addition to the traditional safe-haven logic of gold and the US dollar, the portfolio of digital assets offered by the XBIT decentralized exchange platform is opening up a new battlefield. The "War and Peace" index fund launched by the platform tracks the situation in the Middle East and the progress of trade negotiations between the United States and Europe in real time through an on-chain oracle, and automatically adjusts the allocation ratio of BTC, gold, and stablecoins. This dynamic asset allocation model achieved an excess return of 12.7% this week, far exceeding the 3.2% of traditional hedging strategies. Coin.com reported that the innovative "Black Swan Insurance" product of the XBIT platform is more eye-catching. Users only need to pay a 0.5% premium to receive full asset protection when the VIX index crosses 20. This financial innovation, which transforms extreme risks into insurable risks, is attracting traditional institutions like pension funds to test the waters in the digital asset space. As Trump's tweets continue to stir market nerves, and as the smoke of gunpowder in the Middle East and the tariff list of trade wars are intertwined with new uncertainties, the XBIT decentralized exchange is reconstructing the risk pricing mechanism of financial markets with technological innovation. Here, the clouds of political intervention, the artillery fire of geopolitical conflicts, and the mystery of monetary policy are all coded as executable, hedgeable, and tradable smart contracts. As more traditional financial institutions enter the market, this decentralized, highly transparent, and censorship-resistant transaction model may be defining the survival rules of the next financial market.
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8.37K
0
Ritesh
Ritesh
Guess who is at the bottom
CZ 🔶 BNB
CZ 🔶 BNB
CoinMarketCap has an Alt Season Index feature. Not sure how accurate it is, but it is ticking up. FOMO season soon...
21.93K
23

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Tether Gold FAQ

Tether Gold (XAUT) is a blockchain-based stablecoin, uniquely pegged to the value of physical gold. This approach combines the stability of gold with the efficiency and accessibility of blockchain technology, making XAUT a secure and transparent digital representation of tangible wealth.

Holders of XAUT gain ownership of physical gold, with the option to redeem it for the asset or cash. Additionally, XAUT is tradable on various exchanges, providing liquidity and accessibility for traders.

While it’s challenging to predict the exact future price of XAUT, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
Currently, one Tether Gold is worth $3,416.20. For answers and insight into Tether Gold's price action, you're in the right place. Explore the latest Tether Gold charts and trade responsibly with OKX.
Cryptocurrencies, such as Tether Gold, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Tether Gold have been created as well.
Check out our Tether Gold price prediction page to forecast future prices and determine your price targets.

Dive deeper into Tether Gold

In the fast-paced world of cryptocurrency, Tether Gold (XAUT) stands out as a unique asset, representing a digital version of physical gold. As an asset-backed token, XAUT's value is intrinsically linked to the price of gold, providing traders with an innovative way to engage with the precious metal within the digital realm. 

What is Tether Gold

Tether Gold is a digital asset pegged to gold’s value. Each unit of the project’s token is an equivalent price of an ounce of this valuable asset. It can be described as a stablecoin, albeit backed by real gold, not fiat currencies. This gold-pegged stablecoin is issued by Tether, the company behind the leading US dollar-based stablecoin USDT.

Gold has retained its value throughout the years and has become an ideal option for most people to pass their wealth to the next generation. Tether Gold aims to piggyback on this and deliver an innovative platform that offers you ownership of gold without the numerous drawbacks associated with the physical asset, such as location limits concerning purchasing and owning gold. With this platform, users hold physical and digital assets. 

The Tether Gold team 

Tether Gold was developed by a group of Bitcoin supporters and enthusiasts keen on facilitating the seamless use of traditional currencies in a digital capacity. The team comprises renowned experts from Tether, such as JL Van Der Velde (CEO), Giancario Devasini (CFO), Stuart Hoegner (General Counsel), Paolo Ardoino (CTO), Leonardo Real (CCO), and Claudia Lagorio (COO). 

How does Tether Gold work 

Tether Gold works like a fiat currency-backed stablecoin, with a few differences. When a user buys the project’s native token, XAUT, it assigns ownership of one troy ounce of gold to the purchased token. The gold is then safely stored in a vault on the user’s behalf. In essence, when someone buys the native token, they immediately own a physical gold asset which Tether safeguards and keeps custody of. According to the team, there is a minimum purchase of 50 tokens. 

The nature of physical gold makes the redemption of funds a bit complicated. Tether Gold holders can choose to redeem their tokens for ounces of physical gold or request TG Commodities Limited to sell them for cash. Either of these options attracts a transaction fee. 

Tether Gold can deliver physical gold to any location in Switzerland. 

Tether Gold’s native token: XAUT 

XAUT is the project’s native token. It represents ownership of physical gold securely stored somewhere in the world. It is an ERC-20-compatible token, meaning it can be deployed on the Ethereum network

Each holder receives a unique serial number associated with their gold holdings, which is required during the ownership verification process. This verification process ensures the authenticity and ownership of the real gold backing the digital asset, offering transparency and security to XAUT holders.

XAUT tokenomics 

There is a total and circulating supply of 246,500 tokens. XAUT, according to the website, will guarantee holders an opportunity to trade and own real gold. Like USDT, there is no maximum supply of XAUT, as the company continually mints additional tokens whenever a customer purchases them. However, one significant difference from regular stablecoins is that XAUT can be redeemed for physical gold or sold for cash.

XAUT use cases 

XAUT offers several use cases as a token representing the value of gold. Firstly, it serves as a store of value, providing users with exposure to the stability and potential appreciation of physical gold. Additionally, XAUT caters to customers who wish to buy gold but cannot physically store them, offering a convenient and secure alternative for those seeking exposure to the precious metal.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$842.40M
Circulating supply
246.52K / 246.52K
All-time high
$17,000.00
24h volume
$30.91M
3.3 / 5
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