📝 Content summary: Hello everyone, welcome to today's in-depth analysis of cryptocurrency. Today we focus on Tether Gold, token code XAUT, a gold standard stablecoin issued by TG Commodities Limited, claiming that each token represents one ounce of London standard gold bars. It is backed by Tether's brand and claims to combine gold with blockchain advantages, but what is the truth? We will explore its potential problems from five aspects: market performance, project background, bargaining distribution, regulatory disputes and technical risks, and evaluate whether it is suitable for short selling. All data comes from authoritative sources, full of practical information, remember to follow! Let’s look at the market performance first. As of June 12, 2025, XAUT price was about US$3,387, with a market value of US$834 million, and a 24-hour trading volume of US$27.9 million, up 3.31%. CoinMarketCap shows that its all-time high is $17,000, hitting its record in December 2022 and is currently only 20%. It fell 0.18% in the past seven days, performing weaker than the stablecoin average. The circulation volume is 246,500, accounting for 100% of the maximum supply. The chip distribution is transparent, but the trading volume is low, so liquidity risks need to be vigilant. Second, project background and controversy. Tether Gold was launched in January 2020 and operated by Tether's TG Commodities Limited, and gold is stored in a Swiss vault. CoinGecko pointed out that XAUT is issued through Ethereum and TRON chains, promising zero storage fees. In April 2025, @coinbureau disclosed that Tether holds 7.7 tons of gold, 100% endorsing XAUT. But in January 2025, @SolanaMyth said that Tether's parent company iFinex was fined by CFTC for USDT reserve transparency issues, and the community questioned the authenticity of XAUT gold reserves. Although the project has been audited, the trust crisis has not been completely eliminated. Third, chip distribution and signs of manipulation. Etherscan shows that XAUT holds coin concentration is low, with the top 10 holders accounting for about 30%. @lookonchain disclosed that whales have been active in OKX trading recently, with trading volume accounting for more than 25%. CoinGecko shows that the RSI is 68, which is close to overbought. If whales push up prices and sell them, they may cause short-term fluctuations. In June 2025, @tethergold announced that it would launch XAUT on the TON chain. Short-term positives may attract speculative funds, but the long-term stability is doubtful. Fourth, regulatory and legal risks. Tether has been under regulatory pressure for a long time. In May 2025, Benzinga reported that the SEC focused on the securities attributes of asset-backed tokens and XAUT may be restricted. In 2021, iFinex was fined for false reserve statements, affecting market trust. Wikipedia noted that Tether never accepted a full third-party audit, providing only quarterly proof of BDO Italia, with insufficient transparency. If regulation is tightened, XAUT prices may be under pressure. Fifth, technical risks. XAUT is based on Ethereum and TRON's ERC-20 and TRC-20 standards, and its technology is mature. However, Crypto.com pointed out that there is a risk of vulnerability on the Ethereum smart contract, and users suffered losses due to similar problems in 2022. @DeFiWizard said that although XAUT's on-chain verification is transparent, it relies on centralized vaults, which violates the spirit of decentralization. If there is any problem with the security or logistics of the vault, it may affect the redemption ability. According to comprehensive analysis, XAUT has a lot of black information: parent company trust crisis, regulatory pressure, centralized technology dependence, and community questioning the authenticity of reserves. Its gold standard endorsement and trading volume show stable cash flow, reasonable valuation, and short selling is not recommended in the short term. However, if whales sell or regulatory policies are tightened, combined with the RSI exceeding 70, the opportunity to short sell may occur. Short selling requires accurate timing, and it is recommended to use quantitative trading tools to optimize strategies. For example, aibfarm.com provides advanced market analysis to help you capture price turning points and reduce risks. To learn more, please visit their website. In summary, although Tether Gold has a gold endorsement, black materials and regulatory risks may cause fluctuations. Short selling requires attention to whale trends and policy changes. Today's analysis ends here. If you like it, please subscribe. See you next time! References: CoinMarketCap, XAUT price data, June 12, 2025 CoinGecko, XAUT market data, June 12, 2025 Benzinga, Tether regulatory report, May 2025 Wikipedia, Tether background, December 22, 2024🔍 Related searches: #TetherGold #XAUT #Gold Standard Coin #Stable Coin #Blockchain #Short cryptocurrency #Quantitative Trading #Whale Trading #Investment Risk #DeFi
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