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Tether CEO: XAUt Market Cap Exceeds $1.2 Billion
Summary: According to reports, Tether CEO Paolo Ardoino cited data on the X platform indicating that the market cap of XAUt has exceeded $1.2 billion, with user numbers growing by over 50% each quarter. Tether's gold-backed stablecoin XAUt is backed by 1 troy ounce of physical gold stored in Swiss vaults.
According to reports, Tether CEO Paolo Ardoino cited data on the X platform indicating that the market cap of XAUt has exceeded $1.2 billion, with user numbers growing by over 50% each quarter. Tether's gold-backed stablecoin XAUt is backed by 1 troy ounce of physical gold stored in Swiss vaults.
