For centuries, gold has been the go-to asset during economic uncertainty. It’s stable, universally recognized, and historically a hedge against inflation. But here’s the problem—buying and storing physical gold isn’t exactly convenient. You have to worry about security, transport, authenticity, and even storage costs.
Now imagine owning that same gold, but in a way that’s faster, easier to move, and doesn’t involve vaults or paperwork. That’s what Tether Gold (XAUT) brings to the table. And with its new listing on AscendEX, more people than ever can access real, gold-backed digital assets with just a few clicks.
What Is XAUT?
At its core, Tether Gold (XAUT) is a blockchain-based token backed by real, physical gold. Each XAUT represents one troy ounce of gold stored securely in a vault in Switzerland. It’s not a gold derivative. You’re not buying exposure to gold prices—you’re buying gold itself, just in a tokenized form.
That’s a big distinction. It means that anyone holding XAUT has direct ownership rights to real gold. This setup combines the age-old reliability of gold with the flexibility of cryptocurrency. You can send it across borders instantly, store it in a digital wallet, and even break it down into smaller units—things you simply can’t do with physical bullion.
XAUT Goes Live on AscendEX
As of July 25, 2025, AscendEX users can now trade XAUT under the pair XAUT/USDT. It’s a clean, stable pairing that makes it easy for both new and experienced traders to get involved. Here are the official listing times:
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Deposits opened: July 25 at 8:00 AM UTC
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Trading started: July 25 at 10:00 AM UTC
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Withdrawals available: July 26 at 10:00 AM UTC
This listing allows crypto investors to diversify their portfolios without ever leaving the ecosystem. For traditional investors, it’s a simple entry point into digital assets without giving up the familiarity of gold.
Why This Matters
Let’s break it down:
1. Gold meets blockchain.
By putting gold on Ethereum’s blockchain (XAUT is an ERC-20 token), Tether gives this historically slow-moving asset a technological upgrade. Blockchain allows for transparency, fast settlement, and on-chain verification. You can view the token’s full contract and supply data here:
https://etherscan.io/token/0x68749665FF8D2d112Fa859AA293F07A622782F38
2. Real ownership, not speculation.
This isn’t just a bet on gold’s price. You actually own the gold, and if you meet the redemption criteria, you could even take delivery (though that’s more relevant for institutional holders).
3. Portfolio protection.
Crypto is known for volatility. Stablecoins help, but they’re still pegged to fiat currencies, which lose value over time. Gold, on the other hand, has held value for millennia. Holding XAUT is like putting a digital anchor in your portfolio.
4. Increased access.
This listing on AscendEX makes gold ownership more accessible. You don’t need to go through brokers, banks, or bullion dealers. You just need a trading account and a crypto wallet.
5. Fractional ownership.
Even if you can’t afford a full ounce of gold, you can buy fractions of XAUT. That makes it perfect for small investors looking to hedge or diversify.
FAQ: Get to Know XAUT in 60 Seconds
What is Tether Gold (XAUT)?
A gold-backed digital token. Each XAUT equals one troy ounce of physical gold stored in a secure Swiss vault.
Where is it traded?
XAUT is listed on AscendEX, traded under the XAUT/USDT pair.
When did trading start on AscendEX?
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Deposits: July 25, 8:00 AM UTC
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Trading: July 25, 10:00 AM UTC
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Withdrawals: July 26, 10:00 AM UTC
What makes it unique?
XAUT puts real gold on the blockchain. That gives it speed, security, and transparency—without sacrificing its tangible value.
Which blockchain is it on?
Ethereum. It’s an ERC-20 token, which means you can store and send it with any compatible wallet.
What are the risks?
While XAUT is backed by gold, it still trades in crypto markets, which can be volatile. Always do your research before investing.
Does owning XAUT mean owning real gold?
Yes. You’re entitled to one troy ounce of physical gold for each full token you hold.
Where can I learn more?
Final Thoughts
This isn’t just another token launch. The XAUT listing on AscendEX is part of a bigger movement—one that’s breaking down the walls between traditional finance and digital innovation.
For crypto users, it’s a chance to hold a tangible, time-tested asset without stepping outside the blockchain world. For gold holders, it’s an easier, faster, and more modern way to manage their investment.
Either way, Tether Gold (XAUT) offers a smart middle ground. You don’t have to pick between old-school safety and new-school speed—you can have both.
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