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by: xpoolPosted on: April 29, 2025

Tether Bolsters XAUT Cryptocurrency with $770 Million in Gold Reserves

Cryptocurrency issuer Tether has taken a significant step towards bolstering its XAUT cryptocurrency by securing $770 million in gold reserves. This announcement comes from the company’s official statement confirming that each XAUT token is backed by corresponding physical gold bars stored securely in Switzerland. ]

Related posts:

  1. Tether Doubles Down on Gold Backing with New $800 Million XAUT Stablecoin
  2. Tether Publishes First XAUT Gold Reserve Report, Underscoring Stability in Volatile Markets
  3. Tether Introduces New Gold-Backed Stablecoin, XAUt, to the Market
  4. Tether Gold Tokens Backed by 7.7 Tons of Physical Gold
Gold Backed Crypto Tether XAUT

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