Tether Gold Price in India (XAUT)

Tether Gold (XAUt) is a digital asset backed by physical gold, offering investors the benefits of both traditional gold ownership and blockchain technology. Each XAUt token represents one troy ounce of gold stored securely in a Swiss vault, fully owned and verified by Tether. Built on Ethereum and TRON, it provides transparency, accessibility, and liquidity.

Tether Gold (XAUt) was founded by Tether Limited, the same company behind the well-known stablecoin Tether (USDT). Tether Limited was co-founded by Brock Pierce, Reeve Collins, and Craig Sellars in 2014. 

• Gold-backed stability: Each XAUt token represents one troy ounce of physical gold stored in secure Swiss vaults.

• Full ownership rights: Holders can verify their gold holdings and even request physical delivery of the gold if desired.

• Transparency and security: The gold reserves are audited and fully allocated, ensuring transparency and trust.

• Efficient trading and transfers: Investors can easily buy, sell, or transfer XAUt tokens globally, combining gold’s stability with crypto’s speed and convenience.

XAUt is a promising crypto asset for investors seeking stability amid market volatility. By combining the enduring value of physical gold with the efficiency of blockchain technology, XAUt offers a reliable hedge against inflation and fiat currency risks. Its full backing by physical gold stored in secure Swiss vaults and the ability for holders to verify ownership enhance transparency and trust. While it may not offer the explosive growth potential of speculative altcoins, XAUt stands out as a dependable store of value, ideal for diversification within a crypto portfolio or as a safe haven during turbulent market phases.

You can buy XAUt from crypto platforms like CoinSwitch.

• XAUt can be bought and traded on crypto platforms like CoinSwitch. 

• Traders can hold XAUt as a stable, gold-backed asset to protect their portfolio from crypto market volatility and inflation risks.

• XAUt can be traded, transferred, or stored on-chain instantly, offering convenience compared to physical gold.

• XAUt allows investors to buy, hold, and transfer gold easily on-chain without dealing with physical storage or custody concerns.

• Each XAUt token is fully backed by physical gold, providing a reliable hedge against market volatility and inflation.

• Tether Gold is available on Ethereum (ERC-20) and TRON (TRC-20), making it accessible across multiple platforms.

• Large holders can request physical delivery of gold, bridging digital and traditional assets.

• XAUt is subject to market volatility like all cryptos.

• While backed by gold, XAUt’s price can fluctuate due to crypto market dynamics.

• The token’s credibility relies on Tether’s management and audits of gold reserves.

• Start investing in XAUt with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Tether Gold (XAUt) did not have a traditional ICO. Instead, it was launched directly by Tether Limited in January 2020 as a token fully backed by physical gold stored in Swiss vaults. The token was initially distributed via exchanges and OTC platforms, enabling seamless on-chain trading and integration with Ethereum (ERC-20) and TRON (TRC-20) networks. Rather than raising funds through a public token sale, XAUt focuses on providing a stable, gold-backed digital asset with transparency, security, and global accessibility for investors.