Bitso lists Tether Gold
09 February 2026 Mexico
Image: Wanlop/adobe.stock.com
Bitso, a Latin American digital financial services company, has announced the listing of Tether Gold (XAUt), a blockchain-based asset fully backed by physical gold.
This move allows users to buy and sell tokenised gold directly within the crypto ecosystem.
Each XAUt token represents one troy ounce of fine gold, backed by a physical gold bar that meets London Bullion Market Association (LBMA) Good Delivery standards and is stored in secure Swiss vaults.
Ownership is tracked digitally onchain, enabling fractional exposure and 24/7 trading without the costs or logistics of physical gold storage.
For Bitso, this addition strengthens its portfolio by incorporating tokenised real-world assets, expanding diversification options for users.
XAUt operates under an allocated backing model, with each token linked to specific gold bar serial numbers and supported by periodic attestations published by Tether.
Tether Gold is available for conversions, which means users can buy or sell XAUt on the Bitso platform.
If the users want to transfer funds externally, they must first convert it into a token available for deposits and withdrawals, such as United States Dollar Tether (USDT).
Tokenised gold is available for settlement at any time the user chooses to liquidate, unlike physical gold, which can take several days to buy or sell through a bank.
This move allows users to buy and sell tokenised gold directly within the crypto ecosystem.
Each XAUt token represents one troy ounce of fine gold, backed by a physical gold bar that meets London Bullion Market Association (LBMA) Good Delivery standards and is stored in secure Swiss vaults.
Ownership is tracked digitally onchain, enabling fractional exposure and 24/7 trading without the costs or logistics of physical gold storage.
For Bitso, this addition strengthens its portfolio by incorporating tokenised real-world assets, expanding diversification options for users.
XAUt operates under an allocated backing model, with each token linked to specific gold bar serial numbers and supported by periodic attestations published by Tether.
Tether Gold is available for conversions, which means users can buy or sell XAUt on the Bitso platform.
If the users want to transfer funds externally, they must first convert it into a token available for deposits and withdrawals, such as United States Dollar Tether (USDT).
Tokenised gold is available for settlement at any time the user chooses to liquidate, unlike physical gold, which can take several days to buy or sell through a bank.
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