Tether Gold (XAUT)
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 31 → 71. Problems weighed by who is responsible: concerns that are not fraud −18.4, problems around the subject, caused by others −0.6; legitimacy credit long-running +10, regulated +5; fact-check adjustments (−13) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -18.4 |
| Problems around it, caused by others | -0.6 |
| Long-running | +10 |
| Regulated | +5 |
| Sum | 61 |
Score: 71/100 (kept between 0 and 100)
How scoring works →Summary
Tether Gold (XAUT) is a commodity-backed digital token issued by TG Commodities, S.A. de C.V., a subsidiary of Tether Holdings, where each token represents one troy fine ounce of physical gold stored in LBMA-certified Swiss vaults. The product ranks among the top tokenized gold assets by market capitalization, with approximately 375,000 troy ounces of gold backing circulation as of mid-2025. Its parent company, Tether Limited, has settled enforcement actions with the CFTC and the New York Attorney General over misrepresentation of its USDT stablecoin reserves, and remained under an active DOJ probe as of late 2024 into alleged sanctions and anti-money laundering violations.
Connected Entities
5 entities · 60 linked investigations- PAX Gold (PAXG)→mentioned with→Tether Gold (XAUT)(75%)
- Tether Gold (XAUT)→mentioned with→Tether(70%)
- PAX Gold (PAXG)→mentioned with→Ethereum(80%)
- Tether Gold (XAUT)→mentioned with→Ethereum(70%)
- PAX Gold (PAXG)→mentioned with→Tether(60%)
- Tether Gold (XAUT)→mentioned with→Bitfinex / Tether(70%)
- Tether→mentioned with→Bitfinex / Tether(80%)
- Tether Gold (XAUT)→mentioned with→PAX Gold (PAXG)(80%)
- Bitfinex / Tether→mentioned with→Tether(70%)
Timeline(9 events)
23 January 2020
Tether Gold (XAUT) launches, offering one troy ounce of Swiss-vaulted LBMA gold per token on Ethereum.
Gate Learn: What Is Tether Gold?23 February 2021
New York Attorney General settles with Tether and Bitfinex for $18.5 million over misrepresentation of USDT reserves and concealment of $850 million in losses. Tether and Bitfinex barred from operating in New York.
CoinDesk: NY AG's $850M Probe of Bitfinex, Tether Ends in $18.5M Settlement15 October 2021
CFTC imposes $41 million civil penalty on Tether for making untrue or misleading statements about USDT reserve backing. USDT found to be fully backed by fiat equivalents for only 27.6% of a 26-month review period.
CoinDesk: CFTC Fines Tether and Bitfinex $42.5M25 October 2024
Wall Street Journal and other outlets report DOJ prosecutors in Manhattan are expanding a probe into Tether over alleged sanctions and anti-money laundering violations, including use of USDT by Hamas and Russian arms dealers. Treasury's OFAC reportedly considering sanctioning Tether. Tether denies investigation.
Fortune: Tether blasts DOJ probe report2025
TG Commodities relocates from the British Virgin Islands to El Salvador and obtains a digital asset service provider license from El Salvador's National Commission of Digital Assets (CNAD).
Tether: Licensed in El Salvador27 March 2025
DOJ announces disruption of a Hamas terrorist financing scheme, seizing approximately $200,000 in USDT. Tether cooperated with law enforcement in the action.
DOJ: Justice Department Disrupts Hamas Terrorist Financing Scheme28 April 2025
Tether publishes XAUT's first attestation under El Salvador regulatory oversight (as of March 31, 2025), confirmed by BDO Italia. Report shows 246,523 troy ounces of physical gold backing equivalent token supply.
Tether Q1 2025 XAUT Attestation Announcement30 June 2025
BDO Italia publishes XAUT attestation as of June 30, 2025. Reported circulating supply grows to approximately 375,572 troy ounces.
BDO Italia ISAE 3000 Attestation Report (June 30, 2025)29 January 2026
XAUT reaches an all-time high price of approximately $5,585 per token, tracking the gold spot price peak.
CoinMarketCap: Tether GoldDecision Log
- slot 455365573 · hash BwMJxp31uL5rXwrdHdcy4MJvAwe1nwc2UM9V7bsjWCtN
- slot 445506939 · hash AQdKtY1rjkzRj7sfznB5D7BnQNpWTxJbtFXPkxZNZiEV
- slot 443525773 · hash 2WLgkKR1WLpx96TtqUTUJEAhoyLtG62PgKNVAMewvcNu
- slot 443525762 · hash CumqTnE6GKuVEbiYCjZHsz6wpax31mvQEbgc2hvNJ6G9
- slot 443525758 · hash 9Jbcmkebs16NJcWHe4ThTSSdMP842224HQbjuueHcRGg
- slot 443525754 · hash CycMLJsNpnRWx3pUYX2FP8SjaAGKiycH4AnPn93kWuGc
- slot 443501338 · hash Dy9EVuKr4VUfuMfLkAoZavbDQi4i1nraybrPaNm46fZf
This investigation is cryptographically anchored to the Solana blockchain (7 decisions). 19 of 20 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 7/22/2026, 12:04:43 PM
last updated: 10/10/2026, 6:45:44 PM
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