Tether is issuing a new stablecoin (XAUt) backed by Gold

Tether Gold (XAU₮) is a digital token backed by physical gold 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. Specific gold bar(s) will be associated with each on-chain address where Tether Gold is held.

XAUt tokens will be capable of being fractionalized up to six decimal places. XAUt will be sold by TG Commodities Limited.

How can I buy Tether Gold?
You need to have a verified account with TG Commodities Limited.

Website: https://gold.tether.to/
Whitepaper: https://gold.tether.to/Tether%20Gold%20Whitepaper.pdf
Contract address: https://etherscan.io/token/0x4922a015c4407f87432b179bb209e125432e4a2a

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