Tether Gold - ERC20 (XAUT)
About Tether Gold - ERC20
Tether Gold (XAU₮) is a product developed to combine the benefits of physical and digital assets by allowing its holders to own physical gold in the form of a digital token.
Launched in 2020 by TG Commodities Limited, Tether Gold (XAU₮) is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical bar of gold that meets the Good Delivery standard of the London Bullion Market Association (LBMA). This technology allows access to a stablecoin that provides ownership of physical gold while avoiding the drawbacks associated with physical gold, such as high storage cost and limited accessibility.
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About Tether Gold - ERC20
Tether Gold (XAU₮) is a product developed to combine the benefits of physical and digital assets by allowing its holders to own physical gold in the form of a digital token.
Launched in 2020 by TG Commodities Limited, Tether Gold (XAU₮) is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical bar of gold that meets the Good Delivery standard of the London Bullion Market Association (LBMA). This technology allows access to a stablecoin that provides ownership of physical gold while avoiding the drawbacks associated with physical gold, such as high storage cost and limited accessibility.