Haciyev Reşit 
Cryptocurrency exchange Upbit has announced its decision to list the gold-backed stablecoin Tether Gold (XAUT). This move expands the platform’s product range and gives investors access to a gold-based asset via the crypto market. With this new listing, users will be able to diversify their portfolios under different market conditions and gain the opportunity to invest digitally in a traditional store-of-value asset like gold.
Tether Gold (XAUT) Goes Live on Upbit
According to Upbit’s announcement, Tether Gold (XAUT) will be listed with KRW, BTC, and USDT trading pairs. This provides investors with flexibility across different markets and stands out as an important step for users who turn to gold as a store of value amid crypto market volatility.
Based on the disclosed information, XAUT trading will begin on January 1, 2026, at 09:30 (KST), which corresponds to 09:30 Turkish time. Following the listing, liquidity and trading volume in XAUT pairs are expected to rise quickly as both retail and institutional interest increases. This development could further strengthen demand for gold-backed digital assets.
What Is Tether Gold (XAUT)?
Tether Gold is a stable cryptocurrency issued by Tether and backed by physical gold. Also known by the ticker XAUT, Tether Gold is designed to maintain a value equal to one troy ounce of gold. Investors can also redeem their holdings for physical gold, ensuring that their investment is directly supported by real gold reserves.
Developed by Tether the company behind USDT, the world’s largest U.S. dollar-pegged stablecoin—Tether Gold connects blockchain technology with traditional finance. By offering low volatility and a strong link to tangible assets, XAUT aims to serve as a secure and stable investment option within the crypto ecosystem.
Statement from Officials
In its official statement, Upbit emphasized that adding Tether Gold to the platform is intended to broaden users’ access to different asset classes. Officials noted that XAUT offers an important alternative for investors seeking portfolio diversification and highlighted that its gold-backed structure may position it as a more balanced investment instrument.
Upbit’s decision to list Tether Gold (XAUT) stands out at a time when demand for safe-haven assets is on the rise in the crypto market. With trading available in KRW, BTC, and USDT pairs, XAUT could significantly improve accessibility to gold-backed digital assets. This development may further boost interest in XAUT among both retail and institutional investors.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.