XAUH vs XAUT
Same asset class, side by side. A dash is a field the public record does not fill.
| Field | Herculis Gold Coin | Tether Gold |
|---|---|---|
| Ticker | XAUH | XAUT |
| Asset class | Gold | Gold |
| Issuer | Herculis Tokens SA | TG Commodities, S.A. de C.V. |
| Issuer jurisdiction | Panama | El Salvador |
| Regulator | — | Comisión Nacional de Activos Digitales (CNAD), El Salvador. Registered as a stablecoin issuer and a digital asset service provider. The Relevant Information Document says registration does not certify the tokens. |
| Token type | Payment token backed by 1 gram of 999.9 LBMA fine gold. The terms say this label is not itself a regulatory classification. | Digital asset. Each token is an undivided specific interest in one fine troy ounce of gold on a specific LBMA London Good Delivery bar. |
| Custodian | Herculis House, BRINKS and LOOMIS (named in the white paper as the vault and custody providers; gold stored in Switzerland) | A Swiss related-party custodian. The Relevant Information Document does not publish the legal name. Gold is vaulted in Switzerland. |
| Auditor | KPMG (factual findings reports on physical gold and gold certificates) | An independent accounting firm prepares quarterly reports on the Gold Reserves. The Relevant Information Document does not name the firm. |
| Chains | TON, TRON, Ethereum | Ethereum, BNB Chain |
| Fees | No ongoing custody or insurance fee. Direct tokenization fee 0.30%. Physical redemption fee 3% at 500 grams and 1% at 1 kilogram or more, plus delivery, insurance, customs, taxes and third-party charges. | No custody fee, as stated at launch. Primary-market purchase and redemption fee of 25 basis points in the Relevant Information Document. Account verification fee of 150 USDT, credited after successful verification. Physical delivery in Switzerland is charged separately. |
| Redemption | KYC-verified customers can request physical redemption from 500 XAUH (500 grams of fine gold). A secondary-market holder is not automatically eligible. | KYC-verified customers only, and only for a full gold bar. Holders are generally asked to deposit at least 430 XAUT. Delivery is to an address in Switzerland, or the issuer can sell the bar on the Swiss market and pay the proceeds. |
| Minimum unit | 1 XAUH = 1 gram of LBMA 999.9 fine gold. Divisible to 0.01 gram. | 1 fine troy ounce per token, fractionalized to 0.000001 fine troy ounce. Primary-market minimum purchase is 50 XAUT. |
| Launched | — | 2020-01-23 |
| Website | https://xauh.gold/ | https://gold.tether.to/ |
| CoinGecko id | herculis-gold-coin | tether-gold |
| Market cap | — | — |
| Supply | — | — |