Tether Gold receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk.

Months after indicating plans to expand the USDT stablecoin support to Avalanche blockchain, popular stablecoin issuer Tether has finally launched its dollar-pegg...

Tether Gold (XAUT) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the crypto has declined 1.65% to $1776.15, hitting a five-day high.

PAX Gold did most of the weightlifting in pushing the gold token market cap above the $1 billion-milestone, outperforming Tether Gold.

While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion dollars in value with $742 million today.

Tether Gold (XAUT) traded down 0.1% against the US dollar during the 1-day period ending at 12:00 PM E.T. on May 3rd. In the last seven days, Tether Gold has trad...

15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG), for instance, has seen its market capitalization grow 407% since February 26, 2021, and Tether’s XAUT market valuation swelled by 248% since that day. Presently, PAXG’s and XAUT’s market capitalizations combined equate to just over $1 billion in value.

Tether Gold (XAUT) gets a neutral rating from InvestorsObserver Sunday. The crypto is down 0.09% to $1783.65 while the broader crypto market is down 0.55%.

On-chain gold trading volume has recently soared to unprecedented levels, signaling a strong shift toward digital gold assets. PAX Gold (PAXG) topped the charts with an impressive $802 million in weekly trading volume, while Tether Gold (XAUT) followed with $267 million.

Is Tether Gold (XAUT) worth $1,849.19? Tether Gold (XAUT) is a synthetic asset that allows you to own part of a gold bar through the blockchain.