Express

Tether Launches Gold Backed StableCoin

Ramsey Baker

Summary: Tether, the world’s most popular stablecoin, has now launched a new gold backed digital asset called Tether Gold (XAU₮). Each token will represent ownership of one troy fine ounce of physical gold on a specific gold bar, according to a post from Tether. XAU₮ will be available both on Ethereum and on TRON.. By Ramsey ...

Tether, the world’s most popular stablecoin, has now launched a new gold backed digital asset called Tether Gold (XAU₮).

Each token will represent ownership of one troy fine ounce of physical gold on a specific gold bar, according to a post from Tether. XAU₮ will be available both on Ethereum and on TRON..

By Ramsey Baker

Last Update:

Tags: ,,,
Link: Tether Launches Gold Backed StableCoin   [Copy]
Next:

Related Articles

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 5 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 11 days ago

    • You need to login to comment.