CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
The Defiant 2025-04-28 16:05:10

Tether Acquires 7.7 Tons of Gold to Back XAU₮ Token, $770M Market Cap, Regulated in El Salvador

Tether has announced the acquisition of 7.7 tons of gold to back its XAU₮ token, also known as Tether Gold. The company released its first official attestation for the first quarter of 2025, showing that each of the 246,523 XAU₮ tokens in circulation is backed 1:1 by one troy ounce of physical gold, stored in Switzerland. The market capitalization of XAU₮ stands at $770 million, with the token priced at $3,123.57 per token. XAU₮ reached an all-time high of $3,423 on April 21, representing a 9.6% increase since the end of the first quarter. This development comes amidst a backdrop of growing global economic uncertainty and heightened demand for safe-haven assets like gold, which has seen a notable rally in recent years. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

https://www.digistore24.com/redir/325658/ceobig/
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约