BitcoinSistemi 2025-04-28 18:26:07

Tether Releases First Report on Its Gold-Backed Stablecoin, XAUT, One of the Most Talked-About Topics of Recent Times

Tether’s gold-backed stablecoin XAUT closed the first quarter of 2025 with 7.7 tons of gold reserves, according to a company announcement today. Tether argued that XAUT, which was launched in 2020, has solidified its position as the leading tokenized gold product in terms of market cap, security, and compliance. The stablecoin is backed by 246,523 ounces of physical gold, according to data claimed in the report. The company noted in the report that this is the first report for the audit of XAUT. According to the report, at the end of the first quarter of 2025, the market value of XAUT was $770 million, with each token priced at approximately $3,123.57. Tether also noted that XAUT reached an all-time high of $3,423 on April 21, 2025, marking a 9.6% increase since the close of the first quarter. Related News: Bitcoin (BTC) Miners' Selling Pressure Drops to Lowest Level in a Year: What Does This Mean for the Future Price? “Each XAUT in circulation is backed by an equivalent ounce of pure gold,” Tether said in its report. “Tether Gold continues to demonstrate the strength and resilience of gold as a store of value, especially during times of economic uncertainty,” said Tether CEO Paolo Ardoino. “With XAUT, we are offering users access to the security of physical gold in a digital form that is secure, easily transferable, and backed 1:1 by fully held gold reserves. This is part of our broader commitment to creating financial instruments that combine the best of traditional assets with the efficiency of blockchain technology.” *This is not investment advice. Continue Reading: Tether Releases First Report on Its Gold-Backed Stablecoin, XAUT, One of the Most Talked-About Topics of Recent Times

Meist gelesene Nachrichten

Abu Dhabi’s Financial Titans Step Up Crypto P...
2025-04-29
Investors Flood Digital Asset Funds With $3.4...
2025-04-29
From a Joke That Went Too Far to Radical Ideo...
2025-04-29
Ethereum Price Stays Resilient — Upside Break...
2025-04-29
FTX Pursues Legal Action to Maximize Creditor...
2025-04-29
Coinbase Welcomes Competition in Crypto as In...
2025-04-29
Bitcoin Supply on Exchanges Hits Astonishing...
2025-04-29
Amazon Starts Deploying Satellites in Bid to...
2025-04-29

https://www.digistore24.com/redir/325658/ceobig/

Ähnliche Neuigkeiten

Ethereum Sees $64.1 Million Net Inflow from US Spo...
29 Apr 2025
Exploring the Potential of BNB Smart Chain: Top Pr...
29 Apr 2025
Vitalik Buterin’s Vision for Ethereum: Boosting Us...
29 Apr 2025
Arizona Poised to Lead in Cryptocurrency Regulatio...
29 Apr 2025
Arizona Lawmakers Approve Complementary Bitcoin, C...
29 Apr 2025
Surf: The Ultimate Crypto Terminal Powered by Cybe...
29 Apr 2025

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen