Tether Confirms 7.7 Tonnes of Gold Backing for XAUT
The issuer conducted the first official attestation of the “gold” stablecoin XAUT. USDT continues to lead the stablecoin market with a share exceeding 66%. Participation of institutional investors and political elites reflects a global trend towards legitimising digital assets. Tether reported that the gold backing for the stablecoin XAUT amounted to 7.7 tonnes at the […]