Tether Gold or $XAU₮ is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical bar of
11 Sep 2023, 10:42
Tether Gold or $XAU₮ is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical bar of gold that meets the Good Delivery standard of the London Bullion Market Association. This technology allows access to a stablecoin that provides ownership of physical gold while avoiding the drawbacks associated with physical gold, such as high storage cost and limited accessibility.
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