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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

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