# Tether Gold (XAUT): D-Score 29/100 — Centralized Leaning

**BlockIndex D-Score: 29/100 (Centralized Leaning).** Tether Gold (XAUT) is a Layer 2 cryptocurrency using Smart Contract consensus. Tether Gold: Bridging physical gold with blockchain technology through asset-backed ERC-20 cryptocurrency.

_Source: https://blockindex.ai/coin/xaut · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 29 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 16 |
| Age and history | 13 |
| Autonomy | 0 |

## Key facts
- Layer: Layer 2
- Consensus: Smart Contract (N/A)
- Launch: Other (2020)
- Founder: Brock Pierce, Reeve Collins, Craig Sellars
- VC funded: No
- Max supply: N/A
- Circulating: 612,824

## Market data (as of 2026-06-19)
- Price: $4,126.05
- Market cap: $2.53B
- 24h volume: $189.01M
- 24h change: -3.72% · 7d change: -0.73%

## About
Tether Gold (XAUt) is a digital asset that bridges gold with cryptocurrency. Each XAUt token is pegged 1:1 with one troy ounce of gold held in Swiss vaults, offering a secure and liquid alternative to traditional gold investments. XAUt ensures transparency through LBMA standards, launched in 2020 by TG Commodities Limited. It's an ERC-20 token on the Ethereum blockchain, merging asset backing with blockchain's flexibility. Despite central governance by TG Commodities Limited, it appeals to crypto investors seeking asset-backed stability and participates in DeFi markets. Security is paramount, with no major incidents reported. Continuing to expand in DeFi, XAUt maintains regulatory compliance being based out of Switzerland.

## Links
- Website: https://gold.tether.to/
- Whitepaper: N/A
- GitHub: N/A

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore