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