XAUTIs Tether Gold (XAUT) a security?
#33 by market cap · Last updated Oct 19, 2026 (evidence re-checked)At a glance
Unclear- ConfidenceLowLowHigh
- US exchange accessNot on Coinbase US list
- Regulator (if enacted)SEC or CFTC (undecided)
- Evidence3 sources · 1 official
Is Tether Gold (XAUT) a security?
Unclear. A token representing physical gold held by an issuer. It's not a crypto-network token, and no official US classification under the CLARITY Act framework was found.
There's no official US classification yet, so treatment could go either way. Watch for SEC or CFTC statements and exchange listing changes. Pro alerts flag these for you.
What should I do if my token is "unclear"? →
Why this status
- R5: a token representing physical gold held by an issuer. It's not a crypto-network token, and no official US classification under the CLARITY Act framework was found.
Decentralisation ("mature blockchain" test): Issuer-controlled gold-backed token (centralized by design).
Evidence (3 sources)
1 official
- BackgroundThird-partyOct 19, 2026 · CoinGecko
Project description: Each XAU₮ token represents ownership of one troy fine ounce of physical gold on a specific gold bar.
CoinGecko: Tether Gold ↗ - Exchange listingThird-partyAbsent / not foundOct 19, 2026 · Coinbase
XAUT does not appear on Coinbase's 'US (incl. NY) Trading Assets' list (other US platforms not checked).
Coinbase Digital Asset Disclosures: 'US (incl. NY) Trading Assets' list ↗ - RegulatorOfficial sourceAbsent / not foundMar 23, 2026 · Federal Register (SEC & CFTC)
XAUT is not among the SEC's named examples of digital commodities in the March 2026 interpretation.
SEC interpretation (with CFTC guidance): Application of the Federal Securities Laws to Certain Types of Crypto Assets, Release 33-11412 ↗
Rules by country
Unclear (ClarityCheck estimate, low confidence). The CLARITY Act is not law, so today the SEC's and CFTC's existing frameworks apply.
Under MiCA, trading in the EU runs through authorised crypto-asset service providers (CASPs). We haven't yet checked token-specific MiCA white paper filings for XAUT. ESMA register ↗
The UK's new FCA cryptoasset regime starts on Oct 25, 2027. Firms can apply from Sept 30, 2026 until Feb 28, 2027. There's no token-by-token classification list; the rules apply to the firms that offer the token. FCA ↗
XAUT questions
Is Tether Gold (XAUT) a security?
Unclear. A token representing physical gold held by an issuer. It's not a crypto-network token, and no official US classification under the CLARITY Act framework was found. No court or regulator has classified it, so we don't guess. Not legal advice.
Can I buy XAUT on US exchanges?
US access: Not on Coinbase US list. Availability can differ by state and by exchange. See our exchange safety checker.
What would the CLARITY Act change for XAUT?
There's no official US classification yet, so treatment could go either way. Watch for SEC or CFTC statements and exchange listing changes. Pro alerts flag these for you.
How reliable is this XAUT status?
Confidence is Low. It comes from fixed rules applied to 3 cited sources (checked Oct 19, 2026), not from opinion. Statuses can change as courts, regulators and Congress act.
Change log
2 entries
- Status reviewEvidence-based review: status set to 'Unclear' (Low confidence) using ClarityCheck rules. Replaces earlier illustrative demo data.
- XAUT is not among the SEC's named examples of digital commodities in the March 2026 interpretation. Source ↗
Snapshot Oct 19, 2026 · Prices by CoinGecko