Tether GoldXAUT

Tether Gold (XAU₮) is a token that represents ownership of physical gold. It is issued by Tether, the company behind the USDT stablecoin, and it launched in 2020. Each XAU₮ token is designed to represent one troy ounce of gold, so its price follows the market price of gold instead of the US dollar.

Tether says the gold behind XAU₮ is physical bullion stored in vaults and that each token is backed by one troy ounce of it. The token was first issued on Ethereum, and an omnichain version called XAUt0, built with the USDT0 system, has brought it to other networks such as The Open Network and Solana.

Because XAU₮ is a token on a public blockchain, it can be sent at any time of day, and it can be split into small fractions of an ounce. It does not pay interest and does not run on its own blockchain.

XAU₮ is used to hold and move a gold-linked asset onchain. It can be used for transfers and settlement, and as collateral or a trading pair on crypto platforms. It belongs to the market for tokenized commodities.

XAU₮ has no fixed maximum supply. The number of tokens depends on how much gold stands behind them, so supply grows when more gold is allocated to the token and falls when tokens are redeemed. Current circulating and total supply figures are shown at the top of this page.

The price of XAU₮ moves with the price of an ounce of gold. It traded near $1,500 in the months after the token launched in 2020 and rose above $5,000 in January 2026, when the price of gold passed that level for the first time. You can see the all-time high and the full price history on the chart above.

Cointelegraph's Tether Gold price index gives you the current XAUT to USD price and the numbers behind it: market cap, 24-hour volume, all-time high and year-to-date performance. Explore the price chart across six timeframes and use the converter for quick calculations. For market updates, see our markets news page.