Tether Gold (XAUT) is the largest gold–backed crypto asset with a capitalization of $424 million.
As a result of the merger of two safe haven assets – cryptocurrencies and gold, a highly liquid and secure investment instrument was presented to the world for the first time.
Each token corresponds to 1 ounce of gold held in a Swiss vault.
To date, its price is 1,725 US dollars.
XAUT holders have the ability to track their gold at any time.
According to market experts, the potential of such assets is huge! They are vital to protecting against geopolitical and economic uncertainty.