01 /
Brief
Tether Gold token backed by physical gold held in Swiss vaults. The largest tokenized gold product by market cap.
02 /
Snapshot
Key terms and identifiers.
- Asset value
- $3.25B
- Fee
- 0.25% custody per annum
- Backing
- 1 troy oz gold on named London Good Delivery bar
- Custodian
- TG Commodities Limited (Switzerland)
- Redeemable
- Yes, physical gold (min 50 XAUt) or USD
- Chains
- Ethereum, Monad, Plasma, Avalanche, Arbitrum, Celo, Ink, Polygon
- Spec type
- commodity
- As of
- 2026-05
- Asset classes
- Commodities
- Token standards
- erc-20
- Regulatory
- el-salvador-digital-assets
- Jurisdiction
- Global
- Analytics
- app.rwa.xyz/assets/XAUT
03 /
Milestones
How this player got here.
- Mar 2026Tokenized gold spot trading hit $90.7B in Q1 2026, exceeding all of 2025; XAUT grew 16%
- Jan 2026Surged alongside PAXG amid geopolitical safe-haven demand
- Dec 2024Crossed $600M market cap
- Jan 2020Tether Gold launched
04 /
Connections
Who they build with, build on, integrate with.
Flow
Capital, products, and distribution moving outward.
Dependency
Where this player builds on, integrates, or relies on others.
