Tether’s gold-backed stablecoin, Tether Gold (XAUT), reached a $770 million market capitalization as of April …
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XAUT
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Markets
Tether Reveals $770,000,000 Physical Gold Bullion Reserves Backing XAUT Stablecoin
by shayaanby shayaanTether, the company behind several leading cryptocurrency stablecoins, including USDT, announced Wednesday that it holds …
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Markets
Gold ETF Inflows Hit Three-Year High as PAXG, XAUT Outperform Wider Crypto Market
by shayaanby shayaanAs traditional gold markets heat up, crypto investors are following suit—flocking to tokenized versions of …
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Markets
Gold Rally Makes Tether’s XAUT Top-Performing Digital Asset as Crypto Markets Remain Flat
by shayaanby shayaanTokenized gold, such as Tether’s XAUT and Paxos’ PAXG continued to be a favorite of …