How does Tether gold work?

Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full XAUt token represents one troy fine ounce of gold on a London Good Delivery bar . The XAUt token can be transferred to any on-chain address from the purchasers’ Tether wallet where it is issued after purchase.

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What is Tether gold coin?

Tether Gold is a stablecoin , and one ERC-20 token XAUT is equal to one troy ounce (31.1 grams) of gold on the Ethereum blockchain. A TRC20 token is the equivalent on the TRON blockchain. Actual gold bars are associated with each address on the blockchain that holds Tether Gold.

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