Tether Gold Bridges Rated High Risk 8.3/10, Nine Critical Vulnerabilities Found
A security audit by a DeFi smart-contract research team, dated September 12, 2026, assessed the cross-chain bridge infrastructure of Tether Gold (XAU-T), which holds approximately $3.08 billion in total value locked across Ethereum, multiple Layer-2 networks, and non-EVM chains. The report identified nine critical attack vectors spanning smart-contract logic, bridge-relayer infrastructure, governance, and external dependencies, assigning an overall risk score of 8.3 out of 10. Among the most severe findings are a re-entrancy vulnerability in the mint function that could enable unlimited token creation, flawed Merkle proof verification susceptible to forged proofs, and an insufficiently secured multi-sig vault where two of five signing keys are controlled by the same legal entity. Additional risks include potential oracle manipulation that could trigger premature token releases and replay attack vulnerabilities allowing a single lock event to trigger minting across multiple Layer-2 networks. The researchers recommended immediate remediation of the highest-severity issues, followed by a phased security hardening roadmap.
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