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What is Tether Gold (XAUt)

Tether Gold (XAUt) is a stablecoin backed by gold. Each XAUt token is backed by one troy ounce (31.1035 grams) of gold held in a vault in Switzerland. XAUt is issued by Tether, the same company that issues USDT, another stablecoin pegged to the United States dollar. Read more