Tether Gold (XAUT)
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
1 entities · 10 linked investigationsTimeline(9 events)
2020-01-23
Tether Gold (XAUT) launches, offering one troy ounce of Swiss-vaulted LBMA gold per token on Ethereum.
Gate Learn: What Is Tether Gold?2021-02-23
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 Settlement2021-10-15
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 $42.5M2024-10-25
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 report2025-01-01
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 Salvador2025-03-27
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 Scheme2025-04-28
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 Announcement2025-06-30
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)2026-01-29
XAUT reaches an all-time high price of approximately $5,585 per token, tracking the gold spot price peak.
CoinMarketCap: Tether GoldDecision Log
- #1publish⛓ pending7/22/2026, 12:04:56 PMhash: Dy9EVuKr4VUfuMfLkAoZavbDQi4i1nraybrPaNm46fZf
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 7/22/2026, 12:04:43 PM
last updated: 7/22/2026, 12:04:56 PM
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