Is Tether's Gold Token XAUT Worth Buying?
The article "Is Tether's Gold Token XAUT Worth Buying?" analyzes the potential of Tether's gold-backed cryptocurrency, XAUT, as a hedge against inflation and currency devaluation. It highlights the strong performance of gold in 2025, with prices reaching record highs (over $4,500/oz) and gaining about 65% for the year, supported by factors like U.S. policy, massive ETF inflows, and geopolitical tensions. Institutions like UBS have raised their 2026 price targets to $5,000/oz.
XAUT offers several advantages: it is backed by Tether's substantial gold reserves (116 tons, making it a top 30 global holder), has high liquidity with a market cap around $2.3 billion, and is listed on major exchanges (e.g., Bybit, OKX, Uniswap). Recently, Tether introduced "Scudo," a smaller unit (1/1000 of an XAUT, ~$4.40) to lower the entry barrier and enhance practicality for everyday use. With Tether's dominant position in stablecoins and strong profitability, XAUT is presented as an accessible option for crypto users seeking exposure to gold, especially amid a weakening U.S. dollar.
Odaily星球日报01/10 07:31