What is XAUT?

_{What is Tether Gold (XAUT)?}

Tether Gold (XAUT) is a special stablecoin product of the Tether company
which is pegged in value to gold and backed by the actual gold stored in Tether's treasury.
In Switzerland, the creation of a stablecoin pegged in value to this gold
That said, it will make gold easier to divide, more convenient to store and transport.
And it is more accessible for all types of individuals and institutions.

_{Native blockchain:}

Tether Gold (XAUT) runs on the Ethereum and TRON blockchains, which makes XAUT
It can work on networks that support these standards. Both Ethereum and TRON are used for transfers.
and store Tether Gold (XAUT) in token format backed by 1 ounce of real gold.

_{Consensus protocol:}

Tether Gold (XAUT) does not have its own consensus protocol.
Because it is a token created on the Ethereum (ERC-20) and TRON (TRC-20) blockchains.
which uses Delegated Proof of Stake (DPoS) for TRON to confirm and verify transactions.

_{Founder/Date Founded:}

Tether Gold (XAUT) was created by Tether Limited, the same company that developed Tether (USDT).
It is well known for issuing stablecoins and Tether Gold (XAUT)
It is designed so that users can hold real gold in digital form on the blockchain.

_{Objective/Use case:}

The purpose of Tether Gold (XAUT) is to allow users to hold real gold in digital form on the blockchain.
Makes accessing and trading gold convenient and easier. XAUT displays the value of 1 ounce of real gold.
held in a certified gold vault, which allows token holders to benefit from investing in gold.
Without storing real gold or dealing with shipping and storage costs.

_{Total supply/limit or unlimited:}

Tether Gold (XAUT) has no fixed or limited aggregate supply due to XAUT
It was created to correspond to the actual amount of gold that was stored in reserve.

_{Supply Deflation:}

Tether Gold (XAUT) does not have the same token burning process as other tokens.
Because XAUT is a token that was created to reflect the value of real gold.

_Source: 

https://www.bitget.com/th/price/tether-gold/what-is

https://gold.tether.to/

https://coinmarketcap.com/

https://www.coinex.com/en/info/xaut

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