Are Tokenized Metals Really Backed by Physical Gold or Silver?

[kevin1]

Yes—reputable tokenized metal projects are backed by physical reserves held in professional vaults. For example, Tether’s gold token XAUT is supported by allocated gold bars stored in custody, with each token corresponding to a precise quantity of gold.

Transparency is key, and most providers publish regular attestations or audits to confirm the metal exists. Investors should always verify custody details, audit frequency, and redemption policies before trusting any tokenized metal product.

[ed]

this is one of those things that sounds boring but is probably how normies actually onboard