Tether Gold (XAU₮) has been recognised as an Accepted Spot Commodity by the Financial Services Regulatory Authority within Abu Dhabi Global Market (ADGM). The recognition lets firms in ADGM offer XAU₮, subject to their own regulatory permissions.
Tether Gold is issued by TG Commodities Limited, with each full XAU₮ token representing one troy fine ounce of gold on a London Good Delivery bar that can be traded or transferred on-chain at any time.
The recognition builds on the FSRA’s earlier approval of USD₮ as an Accepted Fiat Referenced Token in ADGM, expanding the range of Tether products authorised firms can now support.
Paolo Ardoino, CEO of Tether, said: “This is an important step for tokenised real-world assets and for the growth of practical, regulated digital finance in the Middle East.”
Tokenised real-world assets now represent more than $31 billion in distributed asset value, up from roughly $6.6 billion a year earlier, according to rwa.xyz data cited in Tether’s release.
XAU₮ applies that same model to gold, combining physical backing with the speed and portability of a digital token, and Tether says it will continue working with regulators, licensed firms and partners across the UAE and wider region.
 as an Accepted Spot Commodity, letting authorised firms offer the gold-backed token.){kind=link}