The live price of Tether Gold (XAUT) today is 2,115.29 USD, and with the current circulating supply of Tether Gold at 246,524 XAUT, its market capitalization stands at 521,468,690 USD. In the last 24 hours XAUT price has moved ? USD or 0.00% while ? USD worth of XAUT has been traded on various exchanges. The current valuation of XAUT puts it at #156 in cryptocurrency rankings based on market capitalization.
Learn more about the Tether Gold blockchain network and how it works or follow the price of its native cryptocurrency XAUT and the broader market with our unique COIN360 cryptocurrency heatmap.
Tether Gold (XAUT) is a unique digital asset that combines the stability of gold with the flexibility of digital currencies. Each XAUT token represents ownership of one troy fine ounce of physical gold on a specific gold bar. This innovative cryptocurrency offers the combined benefits of both physical and digital assets, providing users with ownership of gold while eliminating the drawbacks associated with physical gold storage.
As an ERC-20 token, Tether Gold operates on the Ethereum blockchain, utilizing the Proof-of-Stake (PoS) consensus mechanism. This mechanism ensures transaction validation and network security.
Tether Gold operates on the Ethereum blockchain, a decentralized, open-source blockchain with smart contract functionality. This allows for transparency and traceability of transactions.
As an ERC-20 token, Tether Gold benefits from the scalability of the Ethereum network, allowing for fast and efficient transactions.
Tether Gold's security is ensured by the robust Ethereum network, which is secured by thousands of nodes worldwide.
While transactions are transparent and traceable on the blockchain, user identities remain private, ensuring a level of anonymity.
Tether Gold operates on a decentralized network, eliminating the need for intermediaries and enabling peer-to-peer transactions.
Tether Gold is developed and managed by Tether, a well-established company in the cryptocurrency industry known for its stablecoin, USDT. The governance of Tether Gold is handled by the Tether team.
Tether Gold provides a digital solution for gold ownership, making it accessible to anyone, anywhere. It can be used as a hedge against market volatility, for wealth preservation, and for digital transactions.
Tether Gold can be purchased on various cryptocurrency exchanges, including Bitfinex and Tether's own platform.
As an ERC-20 token, Tether Gold can be stored in any wallet that supports ERC-20 tokens, including hardware wallets for added security.
Tether has partnered with various organizations and platforms to increase the accessibility and utility of Tether Gold.
Tether continues to work on expanding the reach and functionality of Tether Gold, with plans to introduce more features and enhancements in the future.
Like any digital asset, Tether Gold faces potential risks and challenges, including regulatory changes, market volatility, and technological vulnerabilities.
Tether Gold has a growing community of users and supporters, including investors, traders, and enthusiasts.
Tether operates in compliance with all relevant laws and regulations, and is committed to maintaining the highest standards of legal and regulatory compliance.
In conclusion, Tether Gold offers a unique solution for digital gold ownership, combining the stability of gold with the flexibility and accessibility of digital currencies. With its robust technology, key features, and strong team, Tether Gold is poised to make a significant impact in the world of digital assets.
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