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$XAUT
$XAUT (Tether Gold) is a cryptocurrency backed by physical gold.
Concise Explanation:
1) Definition
XAUT is a digital token issued by Tether, where 1 XAUT = 1 troy ounce of pure gold (approximately 31.1 grams).
2) Asset Backing
Each XAUT is backed by real, physical gold stored in Swiss vaults. XAUT holders have a legal claim to the underlying gold.
3) Main Use Cases
• Hedging against inflation and market volatility
• A digital alternative to gold, tradable 24/7
• Store of value, similar to physical gold
4) Difference vs BTC / ETH
• BTC / ETH → speculative, ne