Gold prices have surged to $5,000 per ounce, driven by macroeconomic uncertainties and a weakening U.S. dollar. This historic rise underscores gold's role as a stable asset amid geopolitical tensions and fiscal challenges. However, traditional methods of holding gold, such as physical bars and paper gold, face liquidity limitations. Tokenized gold, like Tether's XAUt, offers a solution by providing full liquidity and composability across systems. Each XAUt token represents one troy ounce of physical gold stored in London vaults, allowing for seamless transfer and use in various applications without centralized control. This innovation marks a shift in how gold can be utilized, combining the stability of physical gold with the flexibility of digital assets.