Question 1

Is PAXG or XAUt more trustworthy?

Accepted Answer

PAXG scores 92/100 (Verified Capital) and XAUt scores 72/100 (Institutional-grade) on OnChain Benchmark's four-dimension quality rating; PAXG rates higher overall.

Question 2

What is the difference between PAXG and XAUt?

Accepted Answer

PAXG is issued by Paxos — Token backed 1:1 by allocated physical gold held in audited vaults.. XAUt is issued by Tether — Token backed 1:1 by physical gold held in Swiss vaults.. Both are scored on the same four-dimension quality rating so they can be compared directly.

Question 3

How do PAXG and XAUt compare across the four rating dimensions?

Accepted Answer

Disclosure quality: PAXG 19/25, XAUt 12/25. Redemption liquidity: PAXG 22/25, XAUt 19/25. Structural trust: PAXG 23/25, XAUt 15/25. Holder concentration: PAXG 25/25, XAUt 22/25.

PAXG vs XAUt

PAXG vs XAUt

Dimension (0–25)	PAXG	XAUt
Disclosure quality	19	12
Redemption liquidity	22	19
Structural trust	23	15
Holder concentration	25	22
Composite (0–100)	92Verified Capital	72Institutional-grade