The market value of gold-backed tokens has surged past $2.72 billion, experiencing a 1.7% increase in the past 24 hours. This rise is fueled by soaring gold prices, […]
Gold-Backed Tokens Boom Amidst Rising Gold Prices & Dollar Weakening
The value of gold-backed tokens has surged recently, exceeding $2.72 billion in market capitalization, a 1.7% increase within the past 24 hours. This trend is attributed to soaring […]
Tether Releases Gold-Backed Attestation, Signaling Secure Position for Q1 2025
Tether has announced its first attestation for Tether Gold (XAUT) tokens, confirming a full backing of over 7.7 tons of physical gold stored in Swiss vaults. This move […]
Tether Releases Gold-Backed XAUT Tokens: Full Transparency and Market Confidence
Tether has released a gold-backed version of its USDT token, specifically for the XAUT stablecoin, confirming 7.7 tons of physical gold backing each token. This comes as Tether’s […]
Gold-Backed Tokens Surge in Activity Amid Rising Gold Prices
The rise in spot gold prices is driving increased interest in gold-backed tokens, as evidenced by soaring trading volumes on exchanges like CoinGecko. Data shows that the sector’s […]