Tether Gold (XAUt) is a digital token backed by physical gold. Each XAUt token represents direct ownership of one fine troy ounce of physical gold that meets the Good Delivery standard of the London Bullion Market Association (LBMA), stored securely in Swiss vaults and verified through quarterly audits.
Tether Gold is a cryptocurrency designed to bridge traditional gold ownership with blockchain technology. Rather than holding physical gold bars, you can own and trade digital tokens that represent real gold allocated specifically to you, all while enjoying the speed and accessibility of blockchain.
In Klever Wallet, you can buy, sell, and swap Tether Gold directly within the app.
What is Tether Gold?
Tether Gold (XAUt) is a digital token that combines the stability of physical gold with the accessibility and efficiency of blockchain technology. Each XAUt token is backed 1:1 by one fine troy ounce of LBMA Good Delivery gold held in secure Swiss vaults. Your ownership is recorded on the blockchain, making it easy to transfer, trade, and verify your holdings at any time.
Unlike synthetic gold products, when you hold XAUt, you own a specific quantity of real, allocated physical gold. You can track your specific gold allocation through Tether’s website, where all gold backing XAUt tokens can be verified. Additionally, XAUt tokens can be fractionated to six decimal places, meaning you can own gold in increments as small as 0.000001 troy fine ounces.
Gold Outperformed Bitcoin in the Last 12 Months
Over the past 12 months, gold has significantly outperformed Bitcoin, highlighting their different roles as stores of value. Gold surged more than 63% in 2025, while Bitcoin posted a negative return of approximately 7% for the year. This divergence reflects gold’s resilience as a safe-haven asset during periods of macroeconomic uncertainty and geopolitical tension, while Bitcoin demonstrated more volatile behavior typical of risk assets. Gold’s strength was driven by central bank demand, rising inflation concerns, and global instability, attracting investors seeking traditional stores of value. This performance shift underscores that different assets serve distinct purposes depending on market conditions and investor time horizons.
How to Buy Tether Gold with Klever Wallet:
You can easily purchase XAUt directly within the Klever Wallet app: using moonpay . Simply open your wallet, navigate to the buy section, select Tether Gold (XAUt), choose your preferred amount, and complete the transaction. Klever Wallet offers a seamless experience with competitive rates This is the recommended way to get started with Tether Gold if you’re new to the asset.
Redemption and Verification
If you hold enough XAUt to equal one full LBMA gold bar (typically around 400 troy ounces), you can redeem your tokens for physical gold. Tether will deliver the gold to Swiss addresses or wire you the proceeds from a sale. There’s no redemption fee beyond the standard 0.25% charge and blockchain transaction costs.
All physical gold backing XAUt can be tracked and verified on Tether’s website at any time. Tether publishes quarterly attestations confirming that 100% of tokens are backed by allocated, audited gold in their vaults.
Benefits of Tether Gold
Price Stability: Unlike cryptocurrencies that experience extreme volatility, XAUt’s value is tied directly to gold prices, providing a stable asset that preserves value over time.
Physical Backing: Every token is 100% backed by allocated, audited LBMA gold. There’s no counterparty risk of the issuer failing to hold reserves, as Tether publishes quarterly attestations verifying all gold in vaults.
24/7 Trading: XAUt can be traded on cryptocurrency exchanges and wallets around the clock, providing liquidity and accessibility that physical gold cannot match. You’re not limited to traditional market hours.
Fractional Ownership: XAUt tokens can be divided into increments as small as 0.000001 troy ounces, making gold accessible to investors who cannot afford entire bars or large quantities.
No Custody Fees: There are no ongoing custody fees for holding XAUt. You only pay fees when you buy directly from Tether or redeem physical gold.
Easy Transfer and Verification: Moving your gold across borders or between users is as simple as sending a blockchain transaction. No shipping risks, insurance costs, or customs complications. You can verify your exact gold allocation anytime on Tether’s website.
Risks of Tether Gold
Price Fluctuation: Although less volatile than most cryptocurrencies, the price of XAUt moves with gold. If gold prices drop, your XAUt value will decline as well.
Issuer Dependency: XAUt’s security depends on Tether’s ability to maintain vaults and manage physical gold responsibly. While Tether publishes quarterly audits, trust in the issuer remains essential.
Liquidity Variations: Although generally available on major exchanges and wallets, liquidity for XAUt can vary depending on the platform and trading pair, which may affect buy and sell spreads.
Redemption Minimums: To redeem physical gold, you must hold enough XAUt to equal a full gold bar (approximately 400 troy ounces), which creates a practical barrier for small holders seeking physical delivery.
Lower Adoption: Compared to fiat-backed stablecoins like USDT or USDC, XAUt has lower trading volume on some platforms, which may impact ease of buying and selling in certain markets.