Tether Launches $200 Million Digital Asset Treasury for Gold-Backed XAUt

Tether, a leading stablecoin issuer, has partnered with Antalpha, an affiliate of Bitmain, to establish a $200 million digital asset treasury. This initiative focuses on acquiring Tether’s gold-backed XAUt tokens and aims to enhance liquidity and redemption infrastructure for these assets. The new treasury will leverage Antalpha’s Real-World Assets (RWA) Hub to bridge the gap between physical gold and digital tokenization.