XAUm vs XAUT

Yes. Both are gold. RWA Leads does not publish a comparison across asset classes.

Matrixdock Gold: Matrixdock, under a special purpose trust. Appleby Global Services is the trustee and Hamilton Services is the enforcer. The custody page does not publish a separate issuer company number.. Tether Gold: TG Commodities, S.A. de C.V..

XAUm fees: The mint and redeem docs say stablecoin redemption includes redemption fees and currency fees, without a standing schedule on that page. A documented 1 kg physical redemption transferred 32.22837 XAUm, which Matrixdock says included a 0.25% redemption fee, for 32.148 XAUm burned.. XAUT fees: 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.. XAUm redemption: KYC is required. Stablecoin redemption runs on working days from 6:00 pm to 5:00 pm the next day, New York time, and stablecoins are sent within T+3. Physical LBMA gold redemption starts at 32.148 XAUm, described as a 1 kg bar, by pickup or secured delivery in Singapore or Hong Kong. The April 2025 collection was within T+3 of the request.. XAUT redemption: 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..

The slugs in alphabetical order: /compare/xaum-vs-xaut. The other order is a permanent redirect.

Matrixdock Gold: The cited catalog does not include an official how-to-buy path for Matrixdock Gold. Tether Gold: KYC-verified customers buy on the primary market through the Tether Gold website. The Relevant Information Document names that website as app.tether.to. The minimum purchase there is 50 XAUT, which is 50 fine troy ounces. The price is the cost of gold in the Swiss gold market, including brokerage and dealer mark-up, plus a fee the document states as 25 basis points as of its date. The same document says tokens may also be bought on secondary-market exchanges and over-the-counter platforms, and that Tether Gold does not keep a list of those venues. Only a customer who has passed Tether Gold's know-your-customer check can buy or redeem on the primary market. Tether Gold may approve or reject that request. The Relevant Information Document does not print the document checklist.

The issuer does not publish a jurisdiction for Matrixdock Gold. The issuer does not publish a regulator for Matrixdock Gold. The cited catalog does not include a restricted-holder statement for Matrixdock Gold. Tether Gold is issued from El Salvador. Regulator, as published: 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. The Tether Gold terms say every Prohibited Person is strictly prohibited from directly or indirectly holding the gold tokens. A Prohibited Person is a Canadian Person, a Singaporean Person, the Government of Venezuela, any resident of or government or government official of or person in a Prohibited Jurisdiction, and any Sanctioned Person. The terms name these Prohibited Jurisdictions: Cuba, the Democratic People's Republic of Korea (North Korea), Iran, Syria, Crimea, the self-proclaimed Donetsk People's Republic, the self-proclaimed Luhansk People's Republic, Kherson, and Zaporizhzhia. A Prohibited Counterparty, barred from the site services other than look-up on the conditions in the terms, is a U.S. Person except an Eligible Contract Participant that Tether Gold agrees in its discretion, or any Prohibited Person. Canadian Person and Singaporean Person cover residents and entities organized under those laws, and certain estates and controlled entities, as those terms define them. Eligible Contract Participant has the meaning in Section 1a(18) of the U.S. Commodity Exchange Act and CFTC Rule 1.3. The terms do not restate that test.

Matrixdock Gold: Redemption, as published: KYC is required. Stablecoin redemption runs on working days from 6:00 pm to 5:00 pm the next day, New York time, and stablecoins are sent within T+3. Physical LBMA gold redemption starts at 32.148 XAUm, described as a 1 kg bar, by pickup or secured delivery in Singapore or Hong Kong. The April 2025 collection was within T+3 of the request. Minimum size, as published: 1 XAUm = 1 troy ounce, as stated on the documented 1 kg redemption (32.148 troy ounces). Fees, as published: The mint and redeem docs say stablecoin redemption includes redemption fees and currency fees, without a standing schedule on that page. A documented 1 kg physical redemption transferred 32.22837 XAUm, which Matrixdock says included a 0.25% redemption fee, for 32.148 XAUm burned. Tether Gold: Redemption is in full gold bars. The Relevant Information Document says holders are generally asked to deposit at least 430 XAUT. If the bar holds fewer than 430 fine troy ounces, the customer redeems only the tokens equal to the fine ounces in that bar, to three decimal places, and the excess tokens are returned. On redemption the bar is delivered to a place in Switzerland that the KYC-verified customer chooses, acting reasonably. The customer may instead ask Tether Gold to contact a licensed gold broker to try to sell the bar and pay the proceeds, minus fees. The gold itself is vaulted in Switzerland. The Relevant Information Document says the custodian is a Swiss related party and does not publish the custodian's legal name. The legal page lists a 0.25% fee to purchase and a 0.25% fee to redeem, plus applicable redemption fees. On-chain transfers and secondary transactions have no Tether Gold fee. The holder pays network gas. A sale of the bar arranged for the holder may include brokerage or a dealer mark-up. Physical delivery in Switzerland requires the delivery cost. The minimum purchase on that page is 50 gold tokens. The issuer does not publish a redemption settlement time for Tether Gold. The verification page says there are no custody fees. It describes a one-time 25 basis point fee when a customer purchases or redeems XAUT from TG Commodities, S.A. de C.V., and says certain additional redemption fees may apply. Direct purchase minimum: The primary-market minimum purchase is 50 XAUT, equal to 50 fine troy ounces. Reserve report: The Relevant Information Document says reports on the Gold Reserves are published quarterly on https://tether.to/en/transparency, and that an independent accounting firm prepares independent auditors' reports on those reserve reports as of each quarter-end. The document does not name the firm and does not name an assurance standard.