Cryptopedia - Tether Gold

**What is Tether Gold (XAU₮)?** Tether Gold (XAU₮) is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical bar of gold that meets the Good Delivery standard of the London Bullion Market Association (LBMA). This technology allows access to a stablecoin that provides ownership of physical gold while avoiding the drawbacks associated with physical gold, such as high storage cost and limited accessibility. Note: XAU₮ tokens can be fractionated up to six decimal places (i.e. in increments as small as 0.000001 troy fine ounce). **What Makes Tether Gold Unique?** * Easy to Transport Transporting physical gold is challenging, however, transporting your XAUt tokens is as easy as taking your other crypto-assets with you, whenever you need to. * Easy Divisibility It’s difficult to split up your physical gold bars. However XAUt tokens are divisible into increments as small as 0.000001 fine troy ounce of gold. * 24/7 Trading with Ease Trading physical gold limits you to your location and trading hours. XAUt tokens however, can be traded 24/7, 365 days a year from anywhere in the world on exchanges that list XAUt Tokens. * Easily Redeemable Should you ever want to redeem your XAUt tokens for physical gold, you can. We deliver physical gold bars to any address in Switzerland. * Easy Storage Storing your physical gold can be expensive and can expose you to geopolitical risks. Storing your XAUt tokens is as easy as storing your other crypto-assets. * Easy Verifiable All physical gold that backs XAUt tokens can be tracked on [our website](https://tether.to/en/transparency/#xaut). At any point in time, you can verify your gold allocation in our vaults.