Tether Gold
XAUT- Analisado
- 16 de out. de 2026
- Motor
- v5.2.0
- Calculado
- 2026-10-16 05:34 UTC
- Hash de entradas
- c911042b0d53
O Lite desbloqueia Tether Gold por completo. Variação, cenário, sinal, fatores de risco, catalisadores.
Pesquisa, não constitui aconselhamento financeiro. Leia os termos.
Evidências dos pilares
Conjunto de dados 16 de out. de 2026. 6 fontes, 11 citações.Em inglês
Sustentabilidade82
Transparência81
Receita70
O protocolo gera taxas reais ou receita com o uso?
TG Commodities charges a 25-basis-point fee on primary purchases and redemptions with zero ongoing annual custody fee. This provides a sustainable issuer revenue model, though XAUT-specific profit figures are private.4
Inovação72
Comunidade80
Tokenomics84
Fontes
- 1tether.io/news/tether-gold-surpasses-3-3-billion-as-reserves-surge-36-in-q1-driven-by-flight-to-hard-assets/Citado por Sustentabilidade, Transparência, Tokenomics
- 2kucoin.com/news/flash/tether-gold-q2-holdings-rise-9-5-to-612-823-66-ouncesCitado por Sustentabilidade, Comunidade
- 3tether.io/news/Citado por Transparência
- 4gold.tether.to/faqCitado por Receita, Inovação
- 5tether.io/news/tethers-xaut-recognized-as-accepted-spot-commodity-in-adgm/Citado por Inovação
- 6coingecko.com/en/coins/tether-goldCitado por Comunidade, Tokenomics
Sobre Tether Gold
Análise de 16 de out. de 2026Em inglês Tradução pendente: esta análise é apresentada em inglês.
Tether Gold (XAUT) is a tokenized real-world asset in which each token represents one fine troy ounce of London Good Delivery gold stored in Swiss vaults. Tether reported 707,747.139 ounces of physical gold reserves against 707,747.090 XAUT issued in 2026, while investor-held tokens grew 9.5% in Q2 2026 to 612,823.66 ounces (86.6% circulating).
Visão geral completaMostrar menos
In July 2026, Abu Dhabi Global Market (ADGM) recognized XAUT as an Accepted Spot Commodity and Amanah Advisors granted Shariah compliance certification. Following the September 17, 2026 wind-down deadline for Alloy and aUSDt, XAUT operates strictly as Tether's flagship spot bullion token across Ethereum and BNB Chain.
Tese de investimento
XAUT provides 24/7 fractional on-chain ownership of allocated Swiss-vaulted London Good Delivery gold without ongoing annual custody management fees.
Tese completaMostrar menos
Its fundamental strength is backed by verifiable scale: Tether disclosed 707,747.139 fine troy ounces in reserve and 612,823.66 ounces held by investors as of mid-2026, supported by deep exchange liquidity on Binance, OKX, Gate, and Bybit.
Regulatory and regional distribution expanded in July 2026 through ADGM Accepted Spot Commodity status in Abu Dhabi and Shariah certification from Amanah Advisors. However, XAUT is a centralized custodial claim, not a yield-generating protocol.
Holders rely on TG Commodities for bullion storage, address-level bar lookup, KYC onboarding, and physical redemption, which requires full London Good Delivery bars (~430 ounces) plus a 25-basis-point fee. Winding down the Alloy and aUSDt synthetic platform in September 2026 also confirmed that demand centers on simple gold custody rather than complex DeFi borrowing.
Pontos fortes
- Allocated Swiss bullion backing. Tether reported 707,747.139 fine troy ounces of physical LBMA gold backing 707,747.090 XAUT tokens.
- Growing holder adoption. Investor-held XAUT increased 9.5% in Q2 2026 to 612,823.66 ounces, representing 86.6% of total issued supply.
- Deep CEX and derivatives liquidity. Active spot and options markets on Binance, OKX, Gate, and Bybit plus BNB Chain support provide 24/7 liquidity.
- Regulated Middle East access. July 2026 ADGM Accepted Spot Commodity recognition and Amanah Advisors Shariah certification broaden institutional channels.
- Zero annual storage fee. TG Commodities charges a 25 bps purchase or redemption fee without recurring annual management charges on held tokens.
Riscos
- Centralized issuer custody. Holders depend on TG Commodities, Swiss vault operators, and ERC-20 admin controls rather than self-custodying physical gold.
- Full-bar redemption hurdle. Physical delivery or cash sale through TG Commodities requires KYC approval, full ~430 oz bar minimums, and 25 bps plus shipping fees.
- Issuer treasury overhang. Roughly 94,923 minted XAUT (~13.4% of total supply) sat in issuer treasury inventory awaiting market distribution at last report.
- Bullion price volatility. XAUT tracks spot gold directly and experienced significant swings after its $5,504.62 January 2026 peak.
- Muted DeFi composability. Tether closed Alloy and aUSDt recovery on September 17, 2026 after synthetic gold-backed minting saw limited uptake.
Posição competitiva
XAUT and Paxos Gold (PAXG) dominate the tokenized physical gold sector. XAUT leads in total reserve value ($3.3 billion+ across 707,747 ounces), centralized-exchange derivatives depth, and Middle East positioning following its July 2026 ADGM commodity recognition and Shariah certification.
Posição completaMostrar menos
PAXG counters with New York Department of Financial Services (NYDFS) trust regulation and monthly third-party attestations, which some US institutions prefer over TG Commodities' El Salvador and Swiss custody structure. Both tokens charge zero ongoing storage fees, making XAUT the primary offshore liquid bullion standard.
Conclusão
As of October 2026, Tether Gold (XAUT) stands as the largest tokenized bullion asset, backed by 707,747 fine troy ounces of Swiss-vaulted gold with 86.6% held by investors. July 2026 ADGM commodity recognition and Shariah certification strengthen institutional reach after the September 2026 wind-down of Alloy and aUSDt.
Conclusão completaMostrar menos
Its 7.9/10 STRICT score and 6/10 risk rating reflect strong reserve liquidity balanced against centralized TG Commodities custody and full-bar redemption limits.