What Is The Difference Between PAXG And XAUT

[cryptoenthusiast]

PAXG and XAUT are currently the two largest gold backed crypto assets, but they operate differently behind the scenes. PAXG is issued by Paxos under US regulatory oversight and stores gold in London vaults, while XAUT is issued by Tether Gold under El Salvador regulation with reserves held in Swiss vaults.

Both tokens track the value of physical gold, but redemption rules, audits, custody structures, and regional availability vary significantly. For example, PAXG offers more accessible fractional redemption options through partners, while XAUT mainly focuses on full gold bar redemption. Understanding these differences matters because tokenized gold is not only about price exposure, but also about the legal rights attached to ownership.

[kevin1]

choosing between paxg and xaut is basically deciding which jurisdiction you want your shiny rock legally attached to

[kevin1]

xaut’s swiss vault custody and focus on larger physical redemption may attract holders looking for more direct bullion style ownership exposure