Commodity · XAU

Gold (troy ounce) on U.CASH

Gold is the original settlement asset, and on U.CASH it is a first-class token: PAX Gold and Tether Gold each stand for one troy ounce of allocated, vault-stored bullion, transferable on-chain.

Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.

Gold (troy ounce) at a glance

Code
XAU
Symbol
oz
Local rail
None in the set
Pegged tokens
2

Rails that settle XAU

No bank rail settles bullion at a checkout. The gold tokens ARE the rail: accept PAX Gold or Tether Gold and the ounce settles to your wallet with crypto finality.

Pegged tokens on U.CASH

Two ounce-pegged tokens trade on U.CASH: PAX Gold (PAXG) and Tether Gold (XAUT), each backed 1:1 by allocated gold and redeemable for the metal by the issuer.

Paxos Gold

Paxos Gold (PAXG)

Pegged 1:1 to the gold (troy ounce). Accept it, swap it, hold it non-custodially.

Tether Gold

Tether Gold (XAUt)

Pegged 1:1 to the gold (troy ounce). Accept it, swap it, hold it non-custodially.

How to accept XAU at checkout

Step 01

Open a checkout

A store, a payment link, or an embedded checkout on U.CASH Pay lists what buyers can pay with. Cards through your own processor account and the crypto assets cover checkout where no dedicated local rail serves the currency.

Step 02

Set your prices in XAU

Your prices stay denominated in Gold (troy ounce). The checkout derives the crypto amount live at payment time when a buyer pays with a digital asset, and the XAU figure is what your ledger reconciles against.

Step 03

Get paid

Card buyers settle through your processor, and buyers paying the XAU-pegged token settle on-chain to your wallet. Each payment arrives with its reference and transaction detail in the record.

Step 04

Settle your way

Hold receipts, convert them on a schedule, or pay out through the rails that reach your bank. Nothing about the currency choice locks the treasury path.

The XAU rails compared

Reach, flow mode, and what each rail asks of the buyer, from the rail registry.

Bank
SWIFT · Essentially every banking system · For corridors the local rails do not cover
Bank
SWIFT · Essentially every banking system · For corridors the local rails do not cover

The local-coverage picture for Gold (troy ounce) is thin in the current rail set, which is normal for smaller corridors: coverage concentrates where the banking infrastructure supports automated flows. That does not close the currency. SWIFT reaches essentially every XAU banking system for the bank-to-bank path, card processors serve XAU buyers globally through your own merchant account, and the XAU-pegged tokens settle the currency on-chain with no bank in the loop at all. Composing those paths is precisely what a multi-rail checkout is for.

The on-chain alternative

2 XAU-pegged tokens trade on U.CASH: PAXG, XAUt. They settle as standard tokens on their chains, so a Gold (troy ounce) receipt can arrive on-chain without any bank in the loop, and the peg holds the token and the currency equivalent for accounting. Deeper families also give checkout redundancy: any member serves a XAU corridor.

Gold (troy ounce): FAQ

How do I accept gold payments?
Enable PAX Gold or Tether Gold on your U.CASH checkout. Buyers pay from any wallet that holds them; the ounce settles to yours.
Is the gold really allocated?
Yes: each token maps to a specific troy ounce in vault storage, auditable through each issuer's reserve attestations.
How do I price XAU when buyers pay crypto?
Price in Gold (troy ounce) and let the checkout derive: the invoice carries the XAU figure, the buyer's wallet sees the crypto equivalent at live rates, and your ledger reconciles against the XAU denomination. The currency of record never changes.
Should I hold the XAU peg or convert out on receipt?
Holding the pegged token keeps the exposure in Gold (troy ounce) terms, which suits a business whose costs are in Gold (troy ounce). Converting on receipt into your operating currency removes the exposure at the cost of the conversion fee. Both are checkout settings, changeable anytime.
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XAU, rails and chains

Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.