Stablecoins

Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets

Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets

Leave a Comment / Adoption, gold, Macro, Stablecoins, Tether, Tokens, USDT, XAUT /

Tether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total backing amounts to 246,523.33 ounces, equivalent to more than 7.7 tons of gold. According to an April 28 statement, XAUT is priced at $3,123.57 per token and has a total market capitalization of $770 million. The token reached an all-time […]

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Stablecoins leading the charge in e-commerce evolution

Stablecoins leading the charge in e-commerce evolution

Leave a Comment / crypto, Guest Post, Opinion, Payments, Stablecoins /

The following is a guest post and opinion of Vitaliy Shtyrkin, Chief Product Officer at B2BINPAY. Nowadays, businesses face a dilemma: while cryptocurrencies have several benefits, including lower fees, faster transactions, and global accessibility, they also pose such risks as uncontrolled volatility and security concerns — both of which remain critical for consumers. This is

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