Tether Gold

Tether Gold

Markets

Tokenized Gold Market Nears $3B as Bullion Blasts to Fresh Record Highs

Tether's XAUT and Paxos' PAXG, the two largest gold-backed tokens, posted record monthly trading volumes in September as spot gold pushed above $3,800.

Gold bars.

Markets

Commodity-Backed Cryptocurrencies Hit 5-Year Minting Record Over Gold Trade Turmoil

The surge comes after gold futures hit an all-time high and amid concerns over the impact of U.S. tariffs on Switzerland's gold exports.

A gold bar (Scottsdale mint/Unsplash)

Finance

Stablecoin Protocol USDT0 Aims to Bring Tokenized Gold Closer to DeFi

The gold-linked XAUT0 token follows the protocol's Tether-linked USDT0 that has grown to $1.3 billion in supply and available on ten DeFi-focused blockchains.

A gold bar (Scottsdale mint/Unsplash)

Markets

Tether's $770M XAUT Backed by 7.7 Tons of Gold in Swiss Vault, Says Company

Tether reported the first attestation report for its Tether Gold product under new El Salvador regulations as gold demand surges globally

Gold breaks $3,000 an ounce (shutterstock)

Finance

Tether Debuts New 'Synthetic' Dollar Backed by Tokenized Gold in Tokenization Push

Users can mint new tokens using the company's new Alloy platform, which will be part of Tether's upcoming tokenization venture, CEO Paolo Ardoino said.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

Markets

Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats

The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.

Close up shot of gold bars

Markets

BTSE Exchange Offers Futures Contracts Tracking Tether Gold and Priced in Bitcoin

BTSE's new perpetual futures contract tracks the value of tether gold tokens priced in bitcoin.

S&P says there are a "lot of similarities" between bitcoin and gold.

Markets

Interest in Gold-Backed Token Trading Grows Amid Supply Disruptions

On Thursday, hourly trading volume in Tether Gold climbed to over $13 million, up from roughly $1 million the day before.

(itti ratanakiranaworn/Shutterstock)

Markets

Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand

Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult.

fine gold

Markets

Bitfinex Adds Margin Trading on Tether Gold With Pairs of Up to 5x Leverage

Bitfinex has launched margin trading for Tether Gold with select pairs of up to five times leverage.

fine gold