• TG Commodities, S.A. de C.V. (a Tether-affiliated entity registered under El Salvador's digital asset regulations).

• Tether Gold digitizes the value of gold, granting holders digital ownership of specific gold bars stored in Swiss vaults. The project aims to allow gold to be held, transferred, and traded with the convenience of a digital token, eliminating the high thresholds of physical transport and custody.

• Total Supply: No maximum issuance cap.
• Circulating Supply: Dynamically issued based on primary market creation/redemption. Latest circulation data is based on official Transparency reports.
• Price: Strictly pegged to real-time Swiss gold market acquisition costs, plus a 25 bps (0.25%) issuance fee.

(Current Status: According to Tether's official Transparency page (captured 2026-05-12), XAUt is issued cross-chain on Ethereum and BNB Smart Chain. Actual circulating supply is ~594,529.76 tokens, fully backed 1:1 by physical LBMA Good Delivery gold bars in Swiss vaults. Source: https://tether.to/en/transparency/?tab=xaut)

• No traditional ICO. Direct primary market subscriptions require strict KYC, with a minimum threshold of 50 XAUt (50 oz). Traded on mainstream secondary markets like Bybit, OKX, Gate.io.

• None.

• Token holders enjoy direct legal ownership of the corresponding physical gold bars. The asset features high transparency and verifiability; holders can input their blockchain address on the official website to query the specific serial number, weight, and purity of their allocated physical gold bar. Meeting minimum thresholds allows applications to redeem physical gold or request the issuer to sell it for fiat.

• Based on Ethereum (ERC-20) smart contracts.(Current Status: Although the official RID only mentions the Ethereum network, XAUt has officially expanded to BNB Smart Chain (BEP-20) with stable deployment, maintaining normal supply logic. Source: https://www.bnbchain.org/en/blog/tether-gold-xaut-launches-on-bnb-chain)

• The official RID contains disclaimers emphasizing it is not regulated under traditional securities laws (being a commodity asset). Current updates:
• Contract Centralization Risk: Uses an upgradable Proxy contract architecture on Ethereum. Minting, burning, and blacklisting privileges are highly centralized under a single issuer address.
• Regulatory & Audit Risk: As part of the Tether ecosystem, it faces long-term global regulatory scrutiny.(Current Status: BDO's latest ISAE 3000R independent assurance report (2026-03-31) issued an unqualified opinion. It confirmed physical gold reserves of 707,747.139 oz fully backing 707,747.090 XAUt tokens, confirming a >100% reserve ratio with no shortage concerns. Source: https://gold.tether.to/reports)

• Relies on the underlying public chain (Ethereum, according to the official RID).(Current Status: Also running on BNB Smart Chain (BSC), though BNB Chain hasn't provided extra consensus disclosures specific to XAUt. Source: https://www.bnbchain.org/en/blog/tether-gold-xaut-launches-on-bnb-chain)