Tether is a pioneer in the digital use of traditional currencies and provides participants in the cryptocurrency market with the opportunity to use a stable digital asset ("stablecoin"), the rate of which is tied to the US dollar and does not experience such strong fluctuations as the rates of other cryptocurrencies.

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Tether Gold (XAUT) is a digital asset hosted by TG Commodities Limited. One XAUT token is backed by one pure troy ounce of London Good Delivery standard gold. When owning, you can get the combined benefits of both physical and digital assets. XAUT token holders will be able to use gold while avoiding the disadvantages associated with physical gold, such as high storage costs and limited availability.

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Institutions Are Investing in Gold At Record Levels

https://tether.to/en/institutions-are-investing-in-gold-at-record-levels/

Institutions Are Investing in Gold At Record Levels.