Bitcoin (BTC) against Tether Gold (XAUT)
Bitcoin and Tether Gold next to each other: how the prices travelled, what differs under the hood and what each coin is built for.
BTC and XAUT: what is under the hood
| Bitcoin (BTC) | Tether Gold (XAUT) | |
|---|---|---|
| Price | $76,381.00 | $4,283.74 |
| Ticker | BTC | XAUT |
| Type | coin of its own network | token |
| Launched | 2009 | 2020 |
| Built by | Satoshi Nakamoto | Tether |
| Consensus | Proof of Work (SHA-256) | — |
| Block | ~10 min | — |
| Supply cap | 21 M BTC | — |
| Privacy | transfers are public | — |
| In circulation | 20.09 M BTC | 622.82 K XAUT |
| Market cap | $1.53 T | $2.67 B |
| Rank by cap | #1 | #37 |
Source: CoinGecko, Sep 17, 2026 06:24. Where these numbers come from
What each one is built for: BTC and XAUT
- Holding value long termBitcoin
- An asset backed by goldTether Gold
How Bitcoin and Tether Gold are built
How Bitcoin works
The network uses Proof of Work with the SHA-256 algorithm: miners compete to add a new block roughly every 10 minutes and receive newly issued coins plus fees. Every 210,000 blocks (about four years) the block reward is cut in half, which slows issuance until the 21 million cap is reached. Balances are tracked as unspent transaction outputs (UTXO).
What Bitcoin is for
Bitcoin is mostly held as a long-term store of value and used as the base asset of the crypto market: most trading pairs, indices and derivatives are priced against it. It is also used for cross-border transfers and, through the Lightning Network, for small fast payments.
How Tether Gold works
XAUT is an ERC20 token on Ethereum. Its price follows the market price of gold rather than the crypto market, because every token corresponds to a specific amount of metal.
What Tether Gold is for
XAUT lets you hold gold in a crypto wallet: buy and sell it at any time, move it between wallets and use it to diversify away from both fiat and volatile coins.