Assets/XAUT0

Tether Gold

XAUT0

Gold

CommodityRWAEverdawn

XAUt0 is a commodity-backed token on Solana that gives holders a claim on allocated physical gold through Tether Gold. XAUt0 is backed 1:1 by Tether Gold tokens.

Read more

XAUt0 is a commodity-backed token on Solana that gives holders a claim on allocated physical gold through Tether Gold. XAUt0 is backed 1:1 by Tether Gold tokens.

Sources · 6
blog.usdt0.to ↗
“XAUt0, the omnichain deployment of Tether Gold (XAUt) is also available on Solana.”
usdt0.to ↗
“USDT0 is backed 1:1 by USDT on Ethereum, and XAUt0 is backed 1:1 by Tether Gold, enabling the same assets to move across every network.”
tether.io ↗
“Holders of XAU₮ tokens have undivided ownership rights to gold on specified gold bars.”
tether.io ↗
“Each full XAU₮ token represents one troy fine ounce of gold on a London Good Delivery bar, giving users and institutions a way to access the enduring value of gold with the speed, portability, and transparency of blockchain technology.”
tether.io ↗
“The allocated gold is identifiable with a unique serial number, purity, and weight, and is redeemable in the form of physical gold.”
blog.usdt0.to ↗
“As a fully backed token, XAUt lets anyone hold a digital claim on LBMA–accredited bullion, locked in Swiss vaults and physically redeemable.”

Overview

◇

Underlying

Gold

◎

Issuer

Everdawn

◫

Backing

100%

How XAUT0 works

Verified non-U.S. users purchase XAU₮ directly at the Swiss gold market price plus a fee. TG Commodities mints XAU₮ only after the custodian receives corresponding gold, then vaults those bars for holders. Gold-price fluctuations change each token’s market value. Holders may exit through on-chain transfers or verified redemption for physical gold or cash settlement.

Disputed
Sources · 8
app.rwa.xyz ↗
“Non-U.S. Investor”
app.rwa.xyz ↗
“To buy XAUt directly from Tether Gold verified users will be required to purchase a minimum of 50 fine troy oz of gold (i.e., 50 XAUt tokens) and pay the cost to purchase the gold in the Swiss gold market plus a 25 bp fee.”
gold.tether.to ↗
“The Company mints Tether Gold (XAU₮) tokens and vaults the corresponding physical gold bars (the “Gold Reserves”) with custodian(s) (the “Custodian”) as representative of the XAU₮ token holders.”
gold.tether.to ↗
“XAU₮s are created only following receipt of the corresponding gold by the Custodian.”
gold.tether.to ↗
“As each Gold Token represents one fine troy ounce of gold, fluctuations in the price of gold may impact the market value of Gold Tokens.”
tether.io ↗
“The token can be traded or moved easily at any time, anywhere in the world, and can be transferred to any on-chain address from the purchaser’s Tether wallet, where it is issued after purchase.”
app.rwa.xyz ↗
“To redeem XAU₮, users first need to log in/sign up here and verify an account with TG Commodities Limited. After users request physical delivery (subject to 430 XAUT minimum), TG Commodities Limited will arrange for secure transit of the gold bars to a delivery address in Switzerland specified by the user. Alternatively, users can take cash settlement on request.”

The underlying

Portfolio overview

Pool-wide metrics

Structure & quality

The reserves comprise allocated LBMA London Good Delivery bullion rather than credit instruments. Unique serial numbers, weights, and purity identify each bar.
More

The 12.5-kilogram category represented 1,759 of 1,792 bars at 30 June 2026.

Sources · 5
gold.tether.to ↗
“The physical gold bars held in the Gold Reserves meet the quality assurance requirements of “London Good Delivery” set by the London Bullion Market Association.”
gold.tether.to ↗
““**Gold Reserves**” means specific gold bullion bars meeting the quality assurance requirements of “London Good Delivery” set by the LBMA and held by the Custodian in a custodial vault, identifiable by a unique serial number, weight and purity for which Tether Gold is the representative of the Gold Token holders;”

Performance

Growth

Growth of $10,000 over 1 month

Growth

Growth of $10,000 over all history

5.31% 30d return

$10,651.82

Returns

As of August 8, 2026

1 mo

Since inception

XAUT0

Issuer

Everdawn

Issuer

Everdawn Labs Limited, d/b/a Everdawn

Ownership

USDT0 identifies itself as part of Everdawn Labs Limited as of 2026.

TG Commodities mints XAU₮ and vaults corresponding physical gold bars with custodians as representative of token holders. TGC develops and maintains XAU₮ and its smart contract.

Structural credibility

Shared legal identity, ownership, people, incidents, and channels.

Legal & regulatory structure

The legal claim, governing regime, and holder protections if the structure fails.

✓

Legal wrapper

Protects holders if the issuer fails.

Transfer restrictions
Tether Gold may freeze Gold Tokens when legally required or when it unilaterally considers freezing prudent.
More
Sources · 2
gold.tether.to ↗
“Tether Gold may suspend or terminate your access to the Site or any of the Site Services, freeze any Gold Tokens held by you, or terminate your Gold Token Wallet, as required by applicable Law or where Tether Gold, in its sole discretion, determines it is prudent to do so”
gold.tether.to ↗
“Tether Gold may suspend or terminate your access to the Site or any of the Site Services, freeze any Gold Tokens held by you, or terminate your Gold Token Wallet, as required by applicable Law or where Tether Gold, in its sole discretion, determines it is prudent to do so”

Custody

Where the backing sits, who can touch it, and which independent checks apply.

✓

Custodian

Holds the underlying, independent of the issuer.

Attestations
BDO concluded the June 30, 2026 Gold-Reserves Report was fairly presented in all material respects.
More
Sources · 1
gold.tether.to ↗
“In our opinion, the TGRR as prepared by the Sole Director as of 30 June 2026, is, in all material respects, fairly presented in accordance with the criteria, including Management’s Key Accounting Policies, set out”
Custodians

Redemption

The settlement ladder for exiting your position.

  • USD sale

    TG Commodities…
    TG Commodities attempts to sell redeemed gold in Switzerland and wires the USD proceeds less a 25-basis-point fee.Disputed
    More
    Sources · 2
    gold.tether.to ↗
    “TG Commodities, S.A. de C.V. will attempt to sell your gold in the Swiss gold market and obtain the cash proceeds. If the gold is successfully sold, TG Commodities, S.A. de C.V. will pay you the proceeds of the sale, less a 25 basis point fee.”
    gold.tether.to ↗
    “**Note:** The proceeds of the sale will be wired to the redeemer in US Dollars.”

Risks & protections

  • Underlying / economic

    Gold-price declines reduce XAU₮'s underlying value because each token represents one fine troy ounce of physical gold

    ⌄
    Gold-price declines reduce XAU₮'s underlying value because each token represents one fine troy ounce of physical gold.Disputed
    More
    Sources · 3
    app.rwa.xyz ↗
    “Tether Gold (XAUt) is a token that provides you ownership of physical gold.”
    gold.tether.to ↗
    “**Note:** Redemptions occur on a one XAU₮ token for each fine troy ounce of gold basis.”
    gold.tether.to ↗
    “A Gold Token may trade at, above or below the market price of one fine troy ounce of gold.”

Opsec

Current onchain authority configuration first, followed by documented operational controls.

Freeze authority
A program-held authority (owner SPL Token legacy)
More
Sources · 2
AymATz4TCL9sWNEEV9Kvyz45CHVhDZ6kUgjTJPzLpU9P
9FJsE8HkoJgxbbydk2R1Gc3hUruNJWwXR6AKYZWWY7Sy
Mint authority
A program-held authority (owner SPL Token legacy)
More
Sources · 2
AymATz4TCL9sWNEEV9Kvyz45CHVhDZ6kUgjTJPzLpU9P

Documents

Document
Relevant Information Document; issuer disclosure; original source: https://gold.tether.to/Relevant%20Information%20Document%20-%20TG%20Commodities,%20S.A.%20de%20C.V.%20(ENG).pdf.
2026-08-05

Onchain transparency

Token

Mint address
AymATz…zLpU9P

Chain

Network
Solana

Networks & bridges

  • Supply and mint authority

    A program-held authority (owner SPL Token legacy)
    More
    Sources · 2
    AymATz4TCL9sWNEEV9Kvyz45CHVhDZ6kUgjTJPzLpU9P
    9FJsE8HkoJgxbbydk2R1Gc3hUruNJWwXR6AKYZWWY7Sy
  • Oracle dependencies

    The AbT Price Oracle weights two gold providers at 45% each and two XAU₮ providers at 5% each. Automated checks exclude outliers and redistribute their weights pro rata.
    More

    Unavailable oracle data prevents customers from tracking CMP through that feed. Evidence does not establish direct XAUt0 settlement dependence or stale-feed handling.

    Sources · 3
    alloy.tether.to ↗
Research appendix

Plan fulfillment

SlotStatusClasses covered
Terminal underlyingFilled-verifiedIssuer-docs
CollateralizationFilled-verifiedNone
AttestationsFilled-verifiedNone
Bar listRejected-retryNone
Vault custodyRejected-retryNone
In-kind redemptionFilled-verifiedNone
CustodianFilled-verifiedNone
NetworksFilled-verifiedNone
Canonical deploymentFilled-verifiedNone
Bridge providerFilled-verifiedNone
Bridge custodyEmptyNone
Oracle dependenciesFilled-verifiedNone
Supply and mint authorityFilled-verifiedNone
Key managementFilled-verifiedNone
Incident responseFilled-verifiedNone
Monitoring and attestationFilled-verifiedNone
Bridge & oracleFilled-verifiedNone
What it isFilled-verifiedIssuer-docs
How it worksFilled-verifiedNone
Category
gold.tether.to ↗
“With Tether Gold tokens we have the possibility to redeem them for physical gold or USD fiat currency.”
gold.tether.to ↗
“|12.5 Kg|1759|706,975.587|”
gold.tether.to ↗
“|1.0 Kg|15|482.220|”
gold.tether.to ↗
“|0.5 Kg third party.|18 On a quarterly basis, a sample of the physical gold bars are subject to confirmatory testing”

Collateralization

100%Disputed
More
Sources · 2
blog.usdt0.to ↗
“Each XAUt0 token is backed 1:1 by XAUt locked on Ethereum and can move freely across every supported chain.”
gold.tether.to ↗
“Therefore, for each XAU₮ token, there is at least one fine troy ounce of gold in the Gold Reserves.”

Portfolio composition

1 holdings · sorted by weight

0 5Kg bars
18 Bars containing 289.332 fine troy ounces as of 30 June 2026
More
Sources · 1
gold.tether.to ↗
“|0.5 Kg third party.|18 On a quarterly basis, a sample of the physical gold bars are subject to confirmatory testing”
+$651.82
Jul 8, 26Jul 16, 26Jul 23, 26Jul 31, 26Aug 8, 26
$10.8K$10.5K$10.3K$10.1K$9.89K$9.67K

$9,609.00

-$391.00
May 26, 26Jun 13, 26Jul 2, 26Jul 20, 26Aug 8, 26
$10K$9.9K$9.6K$9.3K$9K$8.7K

As of Aug 8, 2026 · source: Kamino API

+5.31%

-1.63%

Benchmark

Benchmark unavailable

1 mo
XAUT0+5.31%
Benchmark unavailable—
Since inception
XAUT0-1.63%
Benchmark unavailable—

1 mo

Since inception

XAUT0

+5.31%

-3.91%

Benchmark

Benchmark unavailable

1 mo
XAUT0+5.31%
Benchmark unavailable—
Since inception
XAUT0-3.91%
Benchmark unavailable—

Key people

Giancarlo Devasini served as Sole Administrator and approved the Reserves Report on 24 October 2025.

Key people

Giancarlo Devasini
Role detail

Giancarlo Devasini served as Sole Administrator and approved the Reserves Report on 24 October 2025.

Service providers

BDO Advisory Services S.r.l
Role detail

BDO Advisory Services S.r.l. provides reasonable assurance over Tether Gold reserve reports.

An unnamed custodian
Role detail

An unnamed custodian holds the allocated gold.

Rickert Services Ltd UK
Role detail

Rickert Services Ltd UK acts as United Kingdom representative.

Official channels

usdt0.to ↗
If the issuer fails
Holders bear losses affecting their allocated bullion bars. The corpus does not establish creditor priority or asset control during issuer insolvency.Disputed
More
Sources · 1
gold.tether.to ↗
“There is a risk that some or all of the Gold Reserves held by any Custodian could be lost, damaged or stolen or that access to some or all of the Gold Reserves could also be restricted. The loss or damage borne from any of these events would be borne by the holders of the Gold Tokens representing ownership in the affected bullion bars and not borne by Gold Token holders with interests in bullion bars that are not lost, damages or stolen.”
Regime
TG Commodities holds El Salvador Stablecoin Issuer and Digital Asset Service Provider authorisations. FinCEN registers it as a Money Services Business.
More

ADGM recognizes XAU₮ as an Accepted Spot Commodity, subject to provider permissions.

Sources · 3
gold.tether.to ↗
“TG Commodities, S.A. de C.V. has obtained authorisation as a Stablecoin Issuer and Digital Assets Service Provider under the Digital Asset Issuance Law of El Salvador, and is subject to the regulatory requirements specified by the National Commission of Digital Assets of El Salvador. TG Commodities, S.A. de C.V. is registered as a Money Services Business with the Financial Crimes Enforcement Network of the U.S. Department of the Treasury.”
tether.io ↗
“20 July 2026 – Tether , the largest company in the digital assets industry, announced today that Tether Gold (XAU₮) has been recognized as an Accepted Spot Commodity within ADGM, the international financial center of Abu Dhabi.”
tether.io ↗
“The recognition allows firms in ADGM to offer XAU₮, subject to their own relevant regulatory permissions and approval to use Accepted Spot Commodities.”
Vehicle
TG Commodities, S.A. de C.V.Disputed
More

Is an El Salvador variable-capital corporation. It relocated from the British Virgin Islands in January 2025.

Sources · 2
gold.tether.to ↗
“This report¹ includes information for and in respect of TG Commodities, S.A. de C.V. (the “Company”) an El Salvador Sociedad Anónima de Capital Variable.”
gold.tether.to ↗
“TG Commodities, S.A. de C.V. successfully relocated from the British Virgin Islands to El Salvador in January 2025.”
An unnamed custodian
Role detail

An unnamed custodian completes bullion intake before issuance; The corpus identifies neither its regulator nor its account-segregation model.

Sources · 1
gold.tether.to ↗
“The Company issues XAU₮ tokens after physical gold bars containing a corresponding number of fine troy ounces of gold have completed the Custodian’s intake procedure for physical gold bars.”
✓

Independent validators

Third-party checks on the operation.

Audits
BDO performed ISAE 3000 reasonable assurance over the June 30, 2026 Gold-Reserves Report, not a financial-statement audit.
More
Sources · 2
gold.tether.to ↗
“We have been engaged by Tether Global Investments Fund SICAF SA to perform a reasonable assurance engagement on the “*Tether Gold-Reserves Report”* of TG Commodities S.A. de C.V., El Salvador (the “Company”), as at 30 June 2026”
gold.tether.to ↗
“We carried out our work in accordance with the criteria established in the International Standard on Assurance Engagements 3000 (Revised) ~ Assurance Engagements Other than Audits or Reviews of Historical Financial Information (“ISAE 3000 Revised"), issued by the International Auditing and Assurance Standards Board (IAASB) for reasonable assurance engagements.”

Physical gold

KYC-verified…
KYC-verified customers redeem through the Tether Gold website by depositing tokens into a Gold Token Wallet. Redemptions require full-bar increments.
More
Sources · 4
gold.tether.to ↗
“users who have successfully completed Tether Gold's'Know-Your-Customer' ("**KYC**") verification process (“**KYC Verified** **Customers**”) can purchase and redeem (the “**Services**”) Tether Gold Tokens through the Tether Gold Website at app.tether.to.”
gold.tether.to ↗
“transferring Gold Tokens into a Gold Token Wallet, looking up the Gold Reserves (as defined below) that are associated with a particular Digital Tokens Address (“**Look-Up Services**”) or seeking to redeem any of the Gold Tokens through the Site (collectively or individually, the “**Site Services**”)”
gold.tether.to ↗
““**Gold Token Wallet**” means a Digital Tokens Wallet that provides a means for depositing Gold Tokens for redemption;”
gold.tether.to ↗
“Redemptions must be in increments of full gold bars.”
  • Concentration

    XAU₮ concentrates backing in allocated gold held in Swiss vaults, creating single-commodity and geographic dependencies

    ⌄
    XAU₮ concentrates backing in allocated gold held in Swiss vaults, creating single-commodity and geographic dependencies.
    More
    Sources · 2
    blog.usdt0.to ↗
    “As a fully backed token, XAUt lets anyone hold a digital claim on LBMA–accredited bullion, locked in Swiss vaults and physically redeemable.”
    tether.io ↗
    “The allocated gold is identifiable with a unique serial number, purity, and weight,”
  • Regulatory

    Regulatory changes may restrict purchases, redemptions, or secondary markets

    ⌄
    Regulatory changes may restrict purchases, redemptions, or secondary markets. U.S.
    More

    Persons generally cannot hold XAU₮ without issuer-approved ECP status.

    Sources · 3
    gold.tether.to ↗
    “Changes in the regulatory environment may impact the ability of, or process for, users to acquire and redeem Gold Tokens, and the availability of Secondary Markets.”
    gold.tether.to ↗
    “U.S. Persons (except for Eligible Contract Participants agreed by Tether Gold, in its sole discretion) are prohibited from directly or indirectly holding, owning or operating a Gold Token Wallet or any Site Services other than Look-Up Services.”
    gold.tether.to ↗
    ““**Eligible Contract Participant**” has the meaning set out in Section 1a(18) of the United States Commodity Exchange Act and Rule 1.3 of the United States Commodity Futures Trading Commission, each as amended”
  • Custodian

    Affected holders bear custodian loss, theft, damage, or access restrictions

    ⌄
    Affected holders bear custodian loss, theft, damage, or access restrictions. Insurance may be insufficient, and holders must pursue claims themselves.
    More
    Sources · 3
    gold.tether.to ↗
    “There is a risk that some or all of the Gold Reserves held by any Custodian could be lost, damaged or stolen or that access to some or all of the Gold Reserves could also be restricted. The loss or damage borne from any of these events would be borne by the holders of the Gold Tokens representing ownership in the affected bullion bars and not borne by Gold Token holders with interests in bullion bars that are not lost, damages or stolen.”
    gold.tether.to ↗
    “The Custodian maintains insurance with regard to its business in such amount and on such terms and conditions as it considers appropriate, which is not expected to cover the full amount of Gold Reserves.”
    gold.tether.to ↗
    “If you have a claim against the Custodian for the loss, damage theft or destruction of Gold Reserves assigned to the Gold Tokens, you will be required to expend your own resources to pursue such a claim against the Custodian or any other person or entity. Tether Gold will not indemnify you or assume any responsibility for any harm to the Gold Reserves and Tether Gold will not be obligated to and will not assert claims on your behalf.”
  • Bridge & oracle

    Compromising all three verifiers could authorize invalid cross-chain settlement

    ⌄
    Compromising all three verifiers could authorize invalid cross-chain settlement. Incorrect finality calibration could release assets before a source-chain reorganization.Disputed
    More
    Sources · 2
    blog.usdt0.to ↗
    “Every cross-chain message must be signed by all three independent verifiers before it settles on the destination chain.”
    blog.usdt0.to ↗
    “Assets are only released on the destination chain after the source-chain message has been confirmed to a level that protects against reorgs and late-arriving forks. This threshold is calibrated per network based on an independent risk assessment rather than a standard default.”
  • Hack / smart contract

    Compromised cross-chain verifiers could authorize invalid XAUt0 messages

    ⌄
    Compromised cross-chain verifiers could authorize invalid XAUt0 messages.Disputed
    More
    Sources · 1
    blog.usdt0.to ↗
    “Every cross-chain message must be signed by all three independent verifiers before it settles on the destination chain.”
  • Exit risk

    Tether Gold or its custodian may postpone or reject redemptions

    ⌄
    Tether Gold or its custodian may postpone or reject redemptions. Full-bar increments and undisclosed requirements can make exits impractical.
    More
    Sources · 4
    gold.tether.to ↗
    “Redemption requests must comply with the Terms. The execution of such redemption requests could be subject to postponement or to rejection by Tether Gold or the Custodian under certain circumstances. In addition, Tether Gold will reject a redemption request if it is not in proper form or if the fulfillment of the request might be unlawful.”
    gold.tether.to ↗
    “Redemption is subject to fees and conditions that may make the exercise of your right to redemption impractical or reduce the profit from the exercise of such rights.”
    gold.tether.to ↗
    “Redemptions must be in increments of full gold bars.”
    gold.tether.to ↗
    “Redemptions of Gold Tokens may also be subject to requirements imposed by Tether Gold which are not set forth on the Site, and Tether Gold may amend the Terms at any time, without notice.”
  • 9FJsE8HkoJgxbbydk2R1Gc3hUruNJWwXR6AKYZWWY7Sy
    Token extensions
    None
    More
    Sources · 1
    AymATz4TCL9sWNEEV9Kvyz45CHVhDZ6kUgjTJPzLpU9P
    Bridge configuration
    None
    Sources · 2
    AymATz4TCL9sWNEEV9Kvyz45CHVhDZ6kUgjTJPzLpU9P
    9FJsE8HkoJgxbbydk2R1Gc3hUruNJWwXR6AKYZWWY7Sy
    Authority multisig
    None
    Sources · 2
    AymATz4TCL9sWNEEV9Kvyz45CHVhDZ6kUgjTJPzLpU9P
    9FJsE8HkoJgxbbydk2R1Gc3hUruNJWwXR6AKYZWWY7Sy
    Key management
    USDT0 governs tokens through an undisclosed-threshold multisig. Internal teams, external security teams, and auditors review transactions before multisig signers act.Disputed
    More

    The corpus identifies no signer names, distribution, key-custody method, or timelock. OneSig remains in pre-production testing and does not establish current production controls.

    Sources · 3
    blog.usdt0.to ↗
    “Like any other large stablecoin issuer, USDT0 tokens are governed by multisigs, but the path to a multisig transaction involves multiple checkpoints. Internal teams, external security teams, and auditing partners all review transactions before they are ever presented to the multisig set.”
    blog.usdt0.to ↗
    “Every Multisig Transaction to add, remove, or manage chains in the network, is reviewed by internal and external parties, as well as auditors, before it reaches a signer.”
    blog.usdt0.to ↗
    “OneSig, developed in collaboration with LayerZero, is currently in pre-production testing with a proprietary client.”
    Admin powers
    USDT0 multisigs govern tokens and chain management. Tether Gold may freeze tokens or terminate wallets at its discretion.
    More
    Sources · 3
    blog.usdt0.to ↗
    “Like any other large stablecoin issuer, USDT0 tokens are governed by multisigs, but the path to a multisig transaction involves multiple checkpoints. Internal teams, external security teams, and auditing partners all review transactions before they are ever presented to the multisig set.”
    blog.usdt0.to ↗
    “Every Multisig Transaction to add, remove, or manage chains in the network, is reviewed by internal and external parties, as well as auditors, before it reaches a signer.”
    gold.tether.to ↗
    “Tether Gold may suspend or terminate your access to the Site or any of the Site Services, freeze any Gold Tokens held by you, or terminate your Gold Token Wallet, as required by applicable Law or where Tether Gold, in its sole discretion, determines it is prudent to do so”
    Monitoring and attestation
    Tether Gold updates its public reserve transparency page at least daily. The evidence does not identify an independent real-time feed.
    More
    Sources · 1
    gold.tether.to ↗
    “The Company’s tab on the transparency page available at gold.tether.to is published daily and updated at least once per day.”
    Unilateral changes
    Tether Gold may update transaction fees through its Gold Token Fee Schedule.
    More
    Sources · 1
    gold.tether.to ↗
    “all transactions involving the Gold Tokens may be subject to fees levied by Tether Gold as set out and updated in the [Gold Token Fee Schedule](https://gold.tether.to/legal/riskdisclosurestatement) from time to time or as otherwise agreed between you and Tether Gold”
    Incident response
    Tether Gold maintains data-breach procedures and provides legally required customer and regulator notifications. No token-specific recovery procedure appears in assigned evidence.
    More
    Sources · 1
    gold.tether.to ↗
    “We have put in place procedures to deal with any actual or suspected data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.”
    Attestation
    ISAE 3000R reserve attestation, 31 March 2026, https://gold.tether.to/docs/reports/attestations/ISAE_3000R_-_Opinion_TGRR_31.03.2026_RC187322026DV0089.pdf
    2026-04-30
    Attestation
    Independent assurance Reserves Report; reporting date 30 September 2025; approved 24 October 2025; issuer-hosted PDF.
    2025-10-24
    Terms
    Gold Token Terms of Sale and Service; updated 9 September 2025; original source: https://gold.tether.to/legal/termsofservice.
    2025-09-09
    Relevant Information Document; issuer disclosure; original source: https://gold.tether.to/Relevant%20Information%20Document%20-%20TG%20Commodities,%20S.A.%20de%20C.V.%20(ENG).pdf.Document · 2026-08-05
    ISAE 3000R reserve attestation, 31 March 2026, https://gold.tether.to/docs/reports/attestations/ISAE_3000R_-_Opinion_TGRR_31.03.2026_RC187322026DV0089.pdfAttestation · 2026-04-30
    Independent assurance Reserves Report; reporting date 30 September 2025; approved 24 October 2025; issuer-hosted PDF.Attestation · 2025-10-24
    Gold Token Terms of Sale and Service; updated 9 September 2025; original source: https://gold.tether.to/legal/termsofservice.Terms · 2025-09-09
    “The AbT Smart Contract utilizes a price oracle (the “Price Oracle”), which is made publicly available, on an as-is and as-available basis, including via the Website. The information made available via the Price Oracle will enable customer(s) to track their CMP. The Price Oracle’s price for one aUSD₮ will always be one U.S. dollar.”
    alloy.tether.to ↗
    “an index constructed primarily from gold prices obtained from two independent gold market data providers, each contributing 45%, while the prices of XAU₮ are sourced from two reputable digital assets service providers, each contributing 5%.”
    alloy.tether.to ↗
    “Tether AbT utilizes an automated process to check these prices (both the spot price for gold and the prevailing price for XAU₮) for variance from the other prices used in the index. Prices that are outside of a pre-set tolerance for price fluctuations will be excluded from the index. When prices are excluded, the weighting associated with the excluded price is redistributed, on a pro rata basis amongst the remaining data sources.”
  • Canonical deployment

    Solana hosts XAUt0 mint AymATz4TCL9sWNEEV9Kvyz45CHVhDZ6kUgjTJPzLpU9P as an omnichain representation, not native XAUt issuance.
    More
    Sources · 3
    explorer.solana.com ↗
    “Mint Authority 9FJsE8HkoJgxbbydk2R1Gc3hUruNJWwXR6AKYZWWY7Sy”
    explorer.solana.com ↗
    “TOKEN Tether Gold XAUT0”
    blog.usdt0.to ↗
    “XAUt0 is the omnichain deployment of XAUt built on LayerZero’s OFT (Omnichain Fungible Token) standard”
  • Networks

    Ethereum, Solana, TON, BNB Chain
    More
    Sources · 1
    usdt0.to ↗
    “XAUt0 extends XAUt beyond Ethereum, so the same gold-backed asset can move across supported networks.”
  • Bridge provider

    LayerZero OFT
    More
    Sources · 1
    blog.usdt0.to ↗
    “XAUt0 is the omnichain deployment of XAUt built on LayerZero’s OFT (Omnichain Fungible Token) standard”
  • Filled-verified
    None
    Holder's claimFilled-verifiedNone
    Underlying issuerEmptyNone
    CompositionFilled-verifiedNone
    Structure & qualityFilled-verifiedNone
    Yield sourceEmptyNone
    Yield mechanicsEmptyNone
    Legal entityFilled-verifiedNone
    What the issuer doesFilled-verifiedNone
    LaunchedFilled-verifiedNone
    Operating historyFilled-verifiedNone
    Service providersFilled-verifiedNone
    RegimeFilled-verifiedNone
    VehicleFilled-verifiedNone
    Bankruptcy remoteEmptyNone
    If the issuer failsFilled-verifiedNone
    Transfer restrictionsFilled-verifiedNone
    CustodiansFilled-verifiedNone
    Attestation frequencyEmptyNone
    AuditsFilled-verifiedNone
    Admin powersFilled-verifiedNone
    UpgradeabilityRejected-retryNone
    Mint authorityFilled-verifiedNone
    Freeze authorityFilled-verifiedNone
    Fee scheduleEmptyNone
    Exit pathsFilled-verifiedNone
    Underlying / economicFilled-verifiedNone
    Credit / counterpartyRejected-retryNone
    Issuer failureRejected-retryNone
    Hack / smart contractFilled-verifiedNone
    RegulatoryFilled-verifiedNone
    Exit riskFilled-verifiedNone
    Who can hold/mintFilled-verifiedNone
    Source documentsFilled-verifiedNone

    Rejected facts

    What it is
    XAUt0 is Tether Gold’s omnichain deployment; its underlying XAU₮ grants undivided ownership rights in specified physical gold bars. Each full XAU₮ corresponds to one fine troy ounce on a London Good Delivery bar.Disputed
    More

    XAU₮ holders, rather than TG Commodities, own the gold reserves. XAU₮ is fully backed by bullion held in Swiss vaults and is physically redeemable.

    Sources · 5
    blog.usdt0.to ↗
    “XAUt0, the omnichain deployment of Tether Gold (XAUt)”
    tether.io ↗
    “Holders of XAU₮ tokens have undivided ownership rights to gold on specified gold bars.”
    tether.io ↗
    “Each full XAU₮ token represents one troy fine ounce of gold on a London Good Delivery bar, giving users and institutions a way to access the enduring value of gold with the speed, portability, and transparency of blockchain technology.”
    tether.io ↗
    “The Gold Reserves are owned by the XAU₮ token holders, not by the Company.”
    blog.usdt0.to ↗
    “As a fully backed token, XAUt lets anyone hold a digital claim on LBMA–accredited bullion, locked in Swiss vaults and physically redeemable.”
    Issuer failure
    Tether Gold may stop selling or exchanging new Gold Tokens. Tether Gold and its affiliates face continuing regulatory-investigation risk.Disputed
    More
    Sources · 2
    gold.tether.to ↗
    “Tether Gold makes no representations or warranties that it will sell or exchange new Gold Tokens on comparable terms or on any terms in the future.”
    gold.tether.to ↗
    “Tether Gold and its Affiliates have been, are, and may continue to be subject to regulatory and other investigations in various jurisdictions.”
    Credit / counterparty
    Tether Gold uses a related-party custodian, creating conflicts that may compromise decisions concerning the gold backing.Disputed
    More
    Sources · 1
    gold.tether.to ↗
    “In addition, the Custodian is a related party to Tether Gold. There is a risk that the proximity of the counterparties in related-party transactions may compromise the objectivity and impartiality of decisions relating to the terms of those transactions.”
    Upgradeability
    USDT0 pins every on-chain contract library to an immutable version, removing external library-update authority. The corpus identifies no upgrader or delay for XAUt0's deployed contracts.Disputed
    More
    Sources · 2
    blog.usdt0.to ↗
    “Every on-chain contract library is pinned to an immutable version, meaning no external party can update them. This removes the upgrade surface entirely.”
    blog.usdt0.to ↗
    “All code libraries are pinned, which provides additional protection from compromised upstream providers.”
    Vault custody
    An unnamed custodian completes physical-bar intake before TG Commodities issues corresponding XAU₮. The allocated reserves sit in an unnamed Swiss vault.Disputed
    More

    Each bar has a unique serial number, purity, and weight. A qualified independent third party tests a bar sample quarterly against refinery records. BDO performs inventory procedures to confirm reported fine troy ounces. The corpus does not identify the vault operator or establish legal segregation.

    Sources · 5
    gold.tether.to ↗
    “The Company issues XAU₮ tokens after physical gold bars containing a corresponding number of fine troy ounces of gold have completed the Custodian’s intake procedure for physical gold bars.”
    gold.tether.to ↗
    “The Gold Reserves are vaulted in Switzerland.”
    tether.io ↗
    “The allocated gold is identifiable with a unique serial number, purity, and weight”
    gold.tether.to ↗
    “On a quarterly basis, a sample of the physical gold bars are subject to confirmatory testing of the information reported by the refinery about each gold bar forming a part of the Gold Reserves. This examination is conducted by a qualified and independent”
    tether.io ↗
    “performing inventory procedures in order to confirm the existence of fine troy ounces disclosed in TGRR;”
    Bar list
    TG Commodities publishes allocated gold serial numbers, purity, and weight on its daily-updated transparency page. Management reconciled records to blockchain liabilities at 30 June 2026; BDO verified the reconciliation.Disputed
    More

    The corpus does not state the current bar-list snapshot's publication date.

    Sources · 3
    tether.io ↗
    “The allocated gold is identifiable with a unique serial number, purity, and weight”
    gold.tether.to ↗
    “The Company’s tab on the transparency page available at gold.tether.to is published daily and updated at least once per day.”
    gold.tether.to ↗
    “verify the reconciliations performed by the Management between the accounting ledger/system and the ledgers on the various blockchains relating to liabilities at 30 June 2026;”
    Key management
    USDT0 multisigs govern token administration. Internal teams, external security teams, and auditors review chain-management transactions before signer presentation.Disputed
    More

    USDT0's proprietary DVN and independent verifiers require unanimous cross-chain consensus. Supplied evidence omits multisig thresholds, signer identities, key custody, geographic distribution, and timelocks. OneSig remains in pre-production testing.

    Sources · 4
    blog.usdt0.to ↗
    “Like any other large stablecoin issuer, USDT0 tokens are governed by multisigs, but the path to a multisig transaction involves multiple checkpoints. Internal teams, external security teams, and auditing partners all review transactions before they are ever presented to the multisig set.”
    blog.usdt0.to ↗
    “Every Multisig Transaction to add, remove, or manage chains in the network, is reviewed by internal and external parties, as well as auditors, before it reaches a signer.”
    blog.usdt0.to ↗
    “That is why USDT0 operates a proprietary DVN alongside independent third parties, requires unanimous consensus from verifiers running entirely different codebases, and pins libraries to immutable versions so the code the system executes is fixed and fully known.”
    blog.usdt0.to ↗
    “OneSig, developed in collaboration with LayerZero, is currently in pre-production testing with a proprietary client.”
    What the issuer does
    USDT0 is an interoperability protocol for Tether assets. XAUt0 is backed 1:1 by Tether Gold.Disputed
    More
    Sources · 3
    blog.usdt0.to ↗
    “USDT0 is the largest interoperability protocol for Tether assets, and the vast majority of resources are dedicated to keeping transfer routes, users, and products safe.”
    usdt0.to ↗
    “USDT0 is the infrastructure that brings Tether assets to every network”
    usdt0.to ↗
    “USDT0 is backed 1:1 by USDT on Ethereum, and XAUt0 is backed 1:1 by Tether Gold, enabling the same assets to move across every network.”
    Reserve composition
    Allocated physical gold constitutes the disclosed reserve asset class; no residual asset categories are disclosed.Unverified
    More
    Sources · 3
    app.rwa.xyz ↗
    “Tether Gold (XAUt) is a token that provides you ownership of physical gold.”
    tether.io ↗
    “The allocated gold is identifiable with a unique serial number, purity, and weight,”
    gold.tether.to ↗
    “Authorised and approved by the Sole Administrator, Giancarlo Devasini on 30 April 2026:”
    Service providers
    LayerZero
    Role detail

    LayerZero provides interoperability infrastructure.

    Guardian and OpenZeppelin
    Role detail

    Guardian and OpenZeppelin audited the USDT0 contracts and cross-chain stack.

    Disputed
    Sources · 2
    blog.usdt0.to ↗
    “Solana is fully integrated with the Legacy Mesh, a LayerZero-powered interoperability network that links existing USDT deployments across major chains like Ethereum, Tron, and Ton.”
    blog.usdt0.to ↗
    “The USDT0 contracts and cross-chain stack have been audited by auditors such as Guardian and OpenZeppelin.”
    Legal entity
    TG Commodities LimitedDisputed
    More
    Sources · 1
    app.rwa.xyz ↗
    “To redeem XAU₮, users first need to log in/sign up here and verify an account with TG Commodities Limited. After users request physical delivery (subject to 430 XAUT minimum), TG Commodities Limited will arrange for secure transit of the gold bars to a delivery address in Switzerland specified by the user. Alternatively, users can take cash settlement on request.”
    Holder's claim
    Ownership of allocated physical gold with a redemption rightDisputed
    More
    Sources · 2
    app.rwa.xyz ↗
    “Tether Gold (XAUt) is a token that provides you ownership of physical gold.”
    tether.io ↗
    “and is redeemable in the form of physical gold.”
    Source documents
    Gold Token Terms of Sale and Service; updated 9 September 2025; https://gold.tether.to/legal/termsofservice.Unverified
    More
    Sources · 1
    gold.tether.to ↗
    “_Last updated 9 September 2025_”
    Onboarding
    Customers must complete Tether Gold KYC verification before purchasing or redeeming through the issuer’s website.Unverified
    More
    Sources · 1
    gold.tether.to ↗
    “users who have successfully completed Tether Gold's'Know-Your-Customer' ("**KYC**") verification process (“**KYC Verified** **Customers**”) can purchase and redeem (the “**Services**”) Tether Gold Tokens through the Tether Gold Website at app.tether.to.”
    Who can hold/mint
    Terms-compliant, KYC-verified customers may mint and redeem. U.S.Unverified
    More

    Persons require issuer-approved ECP status; Canadian, Singaporean, sanctioned, and listed persons are prohibited.

    Sources · 5
    gold.tether.to ↗
    “users who have successfully completed Tether Gold's'Know-Your-Customer' ("**KYC**") verification process (“**KYC Verified** **Customers**”) can purchase and redeem (the “**Services**”) Tether Gold Tokens through the Tether Gold Website at app.tether.to.”
    gold.tether.to ↗
    “U.S. Persons (except for Eligible Contract Participants agreed by Tether Gold, in its sole discretion) are prohibited from directly or indirectly holding, owning or operating a Gold Token Wallet or any Site Services other than Look-Up Services.”
    gold.tether.to ↗
    ““**Eligible Contract Participant**” has the meaning set out in Section 1a(18) of the United States Commodity Exchange Act and Rule 1.3 of the United States Commodity Futures Trading Commission, each as amended”
    gold.tether.to ↗
    ““**Prohibited Person**” means any Canadian Person; any Singaporean Person, the Government of Venezuela; any resident of, or Government or Government Official of, or any person in any Prohibited Jurisdiction and any Sanctioned Person;”
    gold.tether.to ↗
    ““**Prohibited Jurisdiction**” means Cuba, the Democratic People’s Republic of Korea (North Korea), Iran, Syria, Crimea (a region of Ukraine annexed by the Russian Federation); the self-proclaimed Donetsk People’s Republic (a region of Ukraine); the self-proclaimed Luhansk People’s Republic (a region of Ukraine), Kherson (a region of Ukraine) and Zaporizhzhia (a region of Ukraine);”
    Concentration
    Each token references interests in specific allocated bars. Losses affect holders assigned to damaged bars.Unverified
    More
    Sources · 2
    gold.tether.to ↗
    “The loss or damage borne from any of these events would be borne by you as a holder of the Gold Tokens reflecting ownership of an undivided specific interest in the lost, damaged or stolen bullion bars.”
    gold.tether.to ↗
    “In addition, the Custodian is a related party to Tether Gold. There is a risk that the proximity of the counterparties in related-party transactions may compromise the objectivity and impartiality of decisions relating to the terms of those transactions.”
    Depeg / liquidity
    Secondary-market XAU₮ may trade above or below one fine troy ounce of gold. Trading venues may disappear or delist it.Unverified
    More
    Sources · 2
    gold.tether.to ↗
    “A Gold Token may trade at, above or below the market price of one fine troy ounce of gold.”
    gold.tether.to ↗
    “Trading exchanges or markets may list Gold Tokens for trading and may delist them from trading without prior notice or consent by Tether Gold or anyone else. Furthermore, it is possible that any Secondary Market for Gold Tokens could abruptly appear and then vanish. The use of Gold Tokens in any trading exchange, market or commercial transaction does not require permission from Tether Gold and does not constitute an endorsement by Tether Gold.”
    Hack / smart contract
    Blockchain transfers are irreversible. XAUt0 cross-chain settlement depends on unanimous signatures from three independent verifiers and network-specific finality thresholds.Disputed
    More
    Sources · 3
    gold.tether.to ↗
    “Blockchain transactions are immutable. Once a transaction is completed on the blockchain underlying the Gold Tokens, the transaction is irreversible, and Tether Gold does not have the ability to reverse or recall any transaction.”
    blog.usdt0.to ↗
    “Every cross-chain message must be signed by all three independent verifiers before it settles on the destination chain.”
    blog.usdt0.to ↗
    “Assets are only released on the destination chain after the source-chain message has been confirmed to a level that protects against reorgs and late-arriving forks. This threshold is calibrated per network based on an independent risk assessment rather than a standard default.”
    Underlying / economic
    XAU₮ represents physical-gold ownership. Falling gold prices can reduce value, while market prices may diverge from one fine troy ounce.Disputed
    More
    Sources · 2
    app.rwa.xyz ↗
    “Tether Gold (XAUt) is a token that provides you ownership of physical gold.”
    gold.tether.to ↗
    “A Gold Token may trade at, above or below the market price of one fine troy ounce of gold.”
    In-kind redemption
    KYC-verified holders may redeem physical gold in full-bar increments.Disputed
    More
    Sources · 3
    gold.tether.to ↗
    “users who have successfully completed Tether Gold's'Know-Your-Customer' ("**KYC**") verification process (“**KYC Verified** **Customers**”) can purchase and redeem (the “**Services**”) Tether Gold Tokens through the Tether Gold Website at app.tether.to.”
    gold.tether.to ↗
    “Redemptions must be in increments of full gold bars.”
    app.rwa.xyz ↗
    “To redeem XAU₮, users first need to log in/sign up here and verify an account with TG Commodities Limited. After users request physical delivery (subject to 430 XAUT minimum), TG Commodities Limited will arrange for secure transit of the gold bars to a delivery address in Switzerland specified by the user. Alternatively, users can take cash settlement on request.”
    Exit paths
    TG Commodities attempts to sell redeemed gold in Switzerland. It wires successful sale proceeds in USD after deducting 25 basis points.Unverified
    More
    Sources · 2
    gold.tether.to ↗
    “TG Commodities, S.A. de C.V. will attempt to sell your gold in the Swiss gold market and obtain the cash proceeds. If the gold is successfully sold, TG Commodities, S.A. de C.V. will pay you the proceeds of the sale, less a 25 basis point fee.”
    gold.tether.to ↗
    “**Note:** The proceeds of the sale will be wired to the redeemer in US Dollars.”
    Exit paths
    KYC-verified customers redeem through Tether Gold’s website. Redemptions require full-bar increments and settle one XAU₮ per fine troy ounce.Unverified
    More
    Sources · 3
    gold.tether.to ↗
    “users who have successfully completed Tether Gold's'Know-Your-Customer' ("**KYC**") verification process (“**KYC Verified** **Customers**”) can purchase and redeem (the “**Services**”) Tether Gold Tokens through the Tether Gold Website at app.tether.to.”
    gold.tether.to ↗
    “Redemptions must be in increments of full gold bars.”
    gold.tether.to ↗
    “**Note:** Redemptions occur on a one XAU₮ token for each fine troy ounce of gold basis.”
    Claims vs chain
    Solana assigns mint and freeze authority to one account. USDT0 describes multisig governance, but the account type remains unverified.Unverified
    More
    Sources · 3
    explorer.solana.com ↗
    “Mint Authority 9FJsE8HkoJgxbbydk2R1Gc3hUruNJWwXR6AKYZWWY7Sy”
    explorer.solana.com ↗
    “Freeze Authority 9FJsE8HkoJgxbbydk2R1Gc3hUruNJWwXR6AKYZWWY7Sy”
    blog.usdt0.to ↗
    “Like any other large stablecoin issuer, USDT0 tokens are governed by multisigs, but the path to a multisig transaction involves multiple checkpoints. Internal teams, external security teams, and auditing partners all review transactions before they are ever presented to the multisig set.”
    Unilateral changes
    Tether may update transaction fees through its Fee Schedule; the cited general terms do not govern XAU₮.Disputed
    More
    Sources · 3
    tether.to ↗
    “all transactions involving the Tether Tokens may be subject to fees levied by Tether as set out and updated in the Fees Schedule from time to time or as otherwise agreed between you and Tether”
    tether.to ↗
    “Last updated: February 26, 2026”
    tether.to ↗
    “These Terms apply to users of tether.to and app.tether.to (all pages, excluding gold.tether.to and any of its subpages and alloy.tether.to and any of its subpages”
    Monitoring and attestation
    TG Commodities publishes its gold-and-token transparency tab daily and updates it at least once daily.Unverified
    More
    Sources · 1
    gold.tether.to ↗
    “The Company’s tab on the transparency page available at gold.tether.to is published daily and updated at least once per day.”
    Incident response
    USDT0 security reviews have rejected chains and delayed launches when deployments failed its security requirements.Unverified
    More
    Sources · 1
    blog.usdt0.to ↗
    “Security has led to chains being declined, launches being delayed, and deployments that sacrifice some user experience for a stronger security posture.”
    Admin powers
    USDT0 multisigs govern tokens after internal teams, external security teams, and auditors review proposed transactions.Unverified
    More
    Sources · 1
    blog.usdt0.to ↗
    “Like any other large stablecoin issuer, USDT0 tokens are governed by multisigs, but the path to a multisig transaction involves multiple checkpoints. Internal teams, external security teams, and auditing partners all review transactions before they are ever presented to the multisig set.”
    Canonical deployment
    XAUt is the underlying issuance; XAUt0 is its LayerZero OFT omnichain deployment.Disputed
    More
    Sources · 1
    blog.usdt0.to ↗
    “XAUt0 is the omnichain deployment of XAUt built on LayerZero’s OFT (Omnichain Fungible Token) standard”
    Networks
    Issuer materials evidence XAUt0 deployments on TON, BNB Chain, and Solana.Disputed
    More
    Sources · 3
    blog.usdt0.to ↗
    “Currently, XAUt0 is live on TON with a variety of new chain integrations expected in the coming weeks and months.”
    tether.io ↗
    “Tether , the largest company in the digital asset ecosystem, today announced that Tether Gold (XAU₮) is now available on BNB Chain”
    blog.usdt0.to ↗
    “XAUt0, the omnichain deployment of Tether Gold (XAUt) is also available on Solana.”
    Audits
    OpenZeppelin audited USDT0 contracts and the cross-chain stack; the corpus provides no audit date or report scope.Unverified
    More
    Sources · 1
    blog.usdt0.to ↗
    “The USDT0 contracts and cross-chain stack have been audited by auditors such as Guardian and OpenZeppelin.”
    Audits
    Guardian audited USDT0 contracts and the cross-chain stack; the corpus provides no audit date or report scope.Unverified
    More
    Sources · 1
    blog.usdt0.to ↗
    “The USDT0 contracts and cross-chain stack have been audited by auditors such as Guardian and OpenZeppelin.”
    Attestations
    BDO Advisory Services performed ISAE 3000 reasonable assurance over TG Commodities' June 30, 2026 Gold-Reserves Report.Unverified
    More
    Sources · 2
    gold.tether.to ↗
    “We have been engaged by Tether Global Investments Fund SICAF SA to perform a reasonable assurance engagement on the “*Tether Gold-Reserves Report”* of TG Commodities S.A. de C.V., El Salvador (the “Company”), as at 30 June 2026”
    gold.tether.to ↗
    “We carried out our work in accordance with the criteria established in the International Standard on Assurance Engagements 3000 (Revised) ~ Assurance Engagements Other than Audits or Reviews of Historical Financial Information (“ISAE 3000 Revised"), issued by the International Auditing and Assurance Standards Board (IAASB) for reasonable assurance engagements.”
    Custodians
    TG Commodities
    Role detail

    TG Commodities holds allocated.

    Disputed
    Sources · 2
    gold.tether.to ↗
    “The Gold Reserves are vaulted in Switzerland.”
    tether.io ↗
    “The allocated gold is identifiable with a unique serial number, purity, and weight”
    Transfer restrictions
    Tether Gold prohibits U.S. Persons except approved Eligible Contract Participants from holding Gold Tokens.Unverified
    More
    Sources · 2
    gold.tether.to ↗
    “U.S. Persons (except for Eligible Contract Participants agreed by Tether Gold, in its sole discretion) are prohibited from directly or indirectly holding, owning or operating a Gold Token Wallet or any Site Services other than Look-Up Services.”
    gold.tether.to ↗
    “U.S. Persons (except for Eligible Contract Participants agreed by Tether Gold, in its sole discretion) are prohibited from directly or indirectly holding, owning or operating a Gold Token Wallet or any Site Services other than Look-Up Services.”
    Vehicle
    TG Commodities relocated from the British Virgin Islands to El Salvador in January 2025.Unverified
    More
    Sources · 1
    gold.tether.to ↗
    “TG Commodities, S.A. de C.V. successfully relocated from the British Virgin Islands to El Salvador in January 2025.”
    Regime
    ADGM recognized XAU₮ as an Accepted Spot Commodity on July 20, 2026.Unverified
    More
    Sources · 1
    tether.io ↗
    “20 July 2026 – Tether , the largest company in the digital assets industry, announced today that Tether Gold (XAU₮) has been recognized as an Accepted Spot Commodity within ADGM, the international financial center of Abu Dhabi.”
    Issuer ownership
    TG Commodities, S.A. de C.V.Unverified
    More

    Is a related entity of Tether AbT.

    Sources · 1
    alloy.tether.to ↗
    “TGC is an El Salvador Sociedad Anónima de Capital Variable and is an related entity of Tether AbT.”
    Operating history
    TG Commodities launched XAU₮ in 2020. TG Commodities redomiciled from the British Virgin Islands to El Salvador on 27 January 2025.Unverified
    More

    XAUt0 subsequently established 1:1 locked-XAU₮ backing for omnichain transfers. Tether announced XAU₮ availability on BNB Chain on 26 March 2026.

    Sources · 4
    blog.usdt0.to ↗
    “Since launching in 2020, Tether Gold (XAUt) has become the world’s leading tokenized gold asset”
    gold.tether.to ↗
    “As of and with effect from 27 January 2025: TG Commodities Limited has redomiciled from the British Virgin Islands to the Republic of El Salvador, and is now named TG Commodities, S.A. de C.V.”
    blog.usdt0.to ↗
    “Each XAUt0 token is backed 1:1 by XAUt locked on Ethereum and can move freely across every supported chain.”
    tether.io ↗
    “26 March 2026 – Tether , the largest company in the digital asset ecosystem, today announced that Tether Gold (XAU₮) is now available on BNB Chain”
    Holdings
    15 Bars containing 482.220 fine troy ounces as of 30 June 2026.Unverified
    More
    Sources · 1
    gold.tether.to ↗
    “|1.0 Kg|15|482.220|”
    Category
    Commodity-rwaUnverified
    More
    Sources · 3
    alloy.tether.to ↗
    “which each represent ownership of an undivided specific interest in one fine troy ounce of gold on a specific gold bullion bar meeting the quality assurance requirements of “London Good Delivery” set by the London Bullion Market Association (LBMA) and held by a custodian, on behalf of the XAU₮ holders, in a custodial vault, identifiable by a unique serial number, weight, and purity”
    tether.io ↗
    “Each token represents one fine troy ounce of physical gold held in Swiss vaults as a London Good Delivery bar, with 1:1 backing confirmed by independent attestations.”
    blog.usdt0.to ↗
    “Each XAUt0 token is backed 1:1 by XAUt locked on Ethereum and can move freely across every supported chain.”
    How it works
    Investors acquire XAU₮ through verified primary-market transactions or acquire tokens on-chain. XAUt0 transfers across supported chains through atomic mint-and-burn.Unverified
    More

    Gold-price appreciation or depreciation changes its economic value; no yield mechanism is disclosed. Holders exit through on-chain transfers or physical redemption of the underlying XAU₮, subject to issuer requirements.

    Sources · 4
    gold.tether.to ↗
    “KYC Verified Customers purchasing or selling Tether Gold Tokens directly through the Tether Gold Website are doing so in what is referred to as the Primary Market. Our obligations exist only with those users and transactions taking place in the Primary Market.”
    tether.io ↗
    “The token can be traded or moved easily at any time, anywhere in the world, and can be transferred to any on-chain address from the purchaser’s Tether wallet, where it is issued after purchase.”
    blog.usdt0.to ↗
    “Atomic Mint-and-Burn : Move your gold confidently across chains, with all cross-chain minting and burning occurring simultaneously once fully validated.”
    blog.usdt0.to ↗
    “As a fully backed token, XAUt lets anyone hold a digital claim on LBMA–accredited bullion, locked in Swiss vaults and physically redeemable.”
    Source documents
    Relevant Information Document; TG Commodities, S.A. de C.V.; undated; https://gold.tether.to/Relevant%20Information%20Document%20-%20TG%20Commodities,%20S.A.%20de%20C.V.%20(ENG).pdfUnverified
    More
    Sources · 2
    gold.tether.to ↗
    “users who have successfully completed Tether Gold's'Know-Your-Customer' ("**KYC**") verification process (“**KYC Verified** **Customers**”) can purchase and redeem (the “**Services**”) Tether Gold Tokens through the Tether Gold Website at app.tether.to.”
    gold.tether.to ↗
    “Redemptions must be in increments of full gold bars.”
    Final terms document
    TG Commodities, S.A. de C.V.'s Gold Token Terms of Sale and Service govern XAU₮ sales and redemptions; updated 9 September 2025.Disputed
    More
    Sources · 2
    gold.tether.to ↗
    “_Last updated 9 September 2025_”
    tether.io ↗
    “TG Commodities, S.A de C.V. will only sell or redeem XAU₮ pursuant to its gold token terms of sale and service available (as of the date of this press release) at https://gold.tether.to/legal”
    Source documents
    Tether Gold Risk Disclosure Statement; risk disclosure; last updated 27 January 2025.Disputed
    More
    Sources · 1
    gold.tether.to ↗
    “GOLD TOKEN RISK DISCLOSURE STATEMENT Last updated 27 January 2025”
    Exit risk
    Tether Gold or its custodian may postpone or reject redemption requests, including malformed or potentially unlawful requests.Unverified
    More
    Sources · 1
    gold.tether.to ↗
    “Redemption requests must comply with the Terms. The execution of such redemption requests could be subject to postponement or to rejection by Tether Gold or the Custodian under certain circumstances. In addition, Tether Gold will reject a redemption request if it is not in proper form or if the fulfillment of the request might be unlawful.”
    Regulatory
    Regulatory changes may restrict acquisition, redemption, or secondary trading; ineligible holders may face confiscation.Disputed
    More
    Sources · 2
    gold.tether.to ↗
    “Changes in the regulatory environment may impact the ability of, or process for, users to acquire and redeem Gold Tokens, and the availability of Secondary Markets.”
    gold.tether.to ↗
    “Any Person who is not eligible that utilizes the Site Services or who accesses the Site or otherwise holds Gold Tokens will be in breach of these Terms and may have any Fiat, Digital Tokens (each as defined below), funds, proceeds or other property, confiscated.”
    Bridge & oracle
    Compromised unanimous verifiers could settle false messages, while unavailable verifiers could halt XAUt0 cross-chain transfers.Disputed
    More
    Sources · 2
    blog.usdt0.to ↗
    “Every cross-chain message must be signed by all three independent verifiers before it settles on the destination chain.”
    blog.usdt0.to ↗
    “Assets are only released on the destination chain after the source-chain message has been confirmed to a level that protects against reorgs and late-arriving forks. This threshold is calibrated per network based on an independent risk assessment rather than a standard default.”
    If the issuer fails
    XAU₮ holders own the Gold Reserves. The evidence does not identify insolvency control, enforcement mechanics, or senior claimants.Disputed
    More
    Sources · 1
    gold.tether.to ↗
    “The Gold Reserves are owned by the XAU₮ token holders, not by the Company.”
    Holdings
    18 Bars containing 289.332 fine troy ounces as of 2026-06-30.Unverified
    More
    Sources · 1
    gold.tether.to ↗
    “|0.5 Kg third party.|18 On a quarterly basis, a sample of the physical gold bars are subject to confirmatory testing”
    Holdings
    1,759 Bars containing 706,975.587 fine troy ounces as of 2026-06-30.Unverified
    More
    Sources · 1
    gold.tether.to ↗
    “|12.5 Kg|1759|706,975.587|”
    Collateralization
    100%Unverified
    More
    Sources · 2
    blog.usdt0.to ↗
    “Each XAUt0 token is backed 1:1 by XAUt locked on Ethereum and can move freely across every supported chain.”
    tether.io ↗
    “Each token represents one fine troy ounce of physical gold held in Swiss vaults as a London Good Delivery bar, with 1:1 backing confirmed by independent attestations.”
    Custodian
    XAUt depends on bullion held in Swiss vaults. TG Commodities controls attempted Swiss-market sales, creating operational and jurisdictional concentration.Unverified
    More
    Sources · 2
    blog.usdt0.to ↗
    “As a fully backed token, XAUt lets anyone hold a digital claim on LBMA–accredited bullion, locked in Swiss vaults and physically redeemable.”
    gold.tether.to ↗
    “TG Commodities, S.A. de C.V. will attempt to sell your gold in the Swiss gold market and obtain the cash proceeds. If the gold is successfully sold, TG Commodities, S.A. de C.V. will pay you the proceeds of the sale, less a 25 basis point fee.”
    Caps / gates
    Physical redemptions require full-bar increments. The evidence discloses no investor cap, global cap, window, or notice period.Unverified
    More
    Sources · 2
    gold.tether.to ↗
    “Redemptions must be in increments of full gold bars.”
    gold.tether.to ↗
    “**Important:** You can only redeem Tether Gold (XAU₮) in increments of one full gold bar. So you need to have enough Tether Gold (XAU₮) to receive one full gold bar in order to redeem.”
    Audits
    BDO Italia performed ISAE 3000 reasonable-assurance engagements on Tether Gold-Reserves Reports dated 31 March and 30 June 2025.Unverified
    More
    Sources · 2
    tether.io ↗
    “We have been engaged by Tether Holdings S.A. de C.V. to perform a reasonable assurance engagement on the Tether Gold-Reserves Report of TG Commodities S.A. de C.V., El Salvador (the “Company”), as at 31 March 2025 (the “Tether Gold-Reserves Report” or “TGRR”)”
    gold.tether.to ↗
    “We have been engaged by Tether Holdings S.A. de C.V. to perform a reasonable assurance engagement on the Tether Gold-Reserves Report of TG Commodities S.A. de C.V., El Salvador (the “Company”), as at 30 June 2025”
    Bridge provider
    LayerZero provides XAUt0's Omnichain Fungible Token standard and cross-chain mechanism.Unverified
    More
    Sources · 1
    blog.usdt0.to ↗
    “XAUt0 is the omnichain deployment of XAUt built on LayerZero’s OFT (Omnichain Fungible Token) standard”
    Audits
    BDO Advisory Services performed ISAE 3000 reasonable assurance over reserves and blockchain-liability reconciliations at 30 June 2026.Unverified
    More
    Sources · 3
    gold.tether.to ↗
    “We have been engaged by Tether Global Investments Fund SICAF SA to perform a reasonable assurance engagement on the “*Tether Gold-Reserves Report”* of TG Commodities S.A. de C.V., El Salvador (the “Company”), as at 30 June 2026”
    gold.tether.to ↗
    “verify the reconciliations performed by the Management between the accounting ledger/system and the ledgers on the various blockchains relating to liabilities at 30 June 2026;”
    gold.tether.to ↗
    “Milan, 31 July 2026”
    Structure & quality
    The reserves contain allocated LBMA London Good Delivery bars held in a custodial vault. Each bar is identifiable by serial number, weight, and purity.Unverified
    More

    Gold has no maturity or credit rating.

    Sources · 2
    gold.tether.to ↗
    “The physical gold bars held in the Gold Reserves meet the quality assurance requirements of “London Good Delivery” set by the London Bullion Market Association.”
    gold.tether.to ↗
    ““**Gold Reserves**” means specific gold bullion bars meeting the quality assurance requirements of “London Good Delivery” set by the LBMA and held by the Custodian in a custodial vault, identifiable by a unique serial number, weight and purity for which Tether Gold is the representative of the Gold Token holders;”
    Source documents
    Gold Token Fee Schedule; incorporated into the Terms; original source: https://gold.tether.to/legal/termsofservice.Unverified
    More
    Sources · 1
    gold.tether.to ↗
    “The following documents are incorporated into these Terms by reference: the [Gold Token Risk Disclosure Statement](https://gold.tether.to/legal/termsofservice); the [Anti-Spam Policy](https://gold.tether.to/legal/termsofservice); the [Law Enforcement Requests Policy](https://gold.tether.to/legal/termsofservice); and the [Gold Token Fee Schedule (the “Incorporated Materials”)](https://gold.tether.to/legal/termsofservice).”

    Run operations

    Issuer entity fa756d72-5bc7-4933-91d6-869f47e6e004 · last updated 2026-08-09T20:06:13.919Z

    0 source channels auto-trusted this run (revocable in Autoresearch)

    ingest · ingest · ok

    plan · plan · ok

    synthesize · synthesize · ok

    Coverage

    35 of 44 fields verified · 0 unverified · 0 not found

    Run 2026-08-09T20:06:13.976Z · done · cost $0.00

    Automated research, human-reviewed. Verify against source documents before credit decisions.