Tether Launches XAUT on Maxbit: Gold-Backed Tokens Now Tradeable in Thailand

Gold goes digital in Thailand: Tether Gold (XAUT), a blockchain-native version of real gold bars, is now tradeable on Maxbit. Created by Tether—the issuer of USDT and one of the world’s largest Bitcoin reserve holders—XAUT connects traditional wealth with modern markets through tokenized precision.

XAUT is fully backed by real gold—one troy ounce per token, securely stored in Swiss-certified vaults. With its listing on Thailand’s Maxbit, users gain 24/7 access to trade and transfer tokenized gold without the constraints of banking hours.

Minted as an ERC-20 token on Ethereum, XAUT integrates effortlessly with any compatible wallet or DeFi protocol.

Every token corresponds to an individual gold bar, traceable by:

• a serial number,
• bar weight,
• purity grade.

This system ensures verifiability, offering holders proof of both the token’s legitimacy and the real-world location of the gold it represents.

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The asset’s reserves are regularly audited, offering complete transparency.

It's an attractive option for investors looking to preserve capital through gold exposure or to mitigate risk in today’s increasingly volatile markets.

Maxbit offers a liquid trading environment, making it an appealing entry point for Thai investors.

As the first platform in Thailand to offer a tokenized gold pair backed by physical gold, this marks another major achievement that reinforces Maxbit’s role in elevating Thailand’s digital asset market to international standards,

the exchange’s team stated.

The launch of XAUT aligns with the Thai SEC’s decision to greenlight stablecoins like USDT and USDC for use on regulated exchanges. In a landscape where Bitkub commands more than three-quarters of market activity, Maxbit is aiming to carve out its niche through a singular offering unlike anything else in the country.

The integration of Tether Gold (XAUT) into trading platforms marks a pivotal advancement in the utility of tokenized commodities.

As outlined in the Q1 2025 financial report, XAUT holds a market valuation of over $770 million, underpinned by 7.7 metric tons of audited gold. Its digital nature eliminates transport-related costs, reducing friction in gold transactions while enhancing custodial and investor security frameworks.

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