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Cryptopolitan 2020-01-23 22:55:42

Tether Gold (XAUt): Stablecoin backed by physical gold

Tether, the team behind the most successful stablecoin Tether, has now launched Tether Gold (XAUt), a stablecoin that is backed by physical gold. Currently, the team has decided to launch the asset for only Ethereum and Tron blockchains. Each token is backed by one ounce of London Good Delivery gold and is available as an ERC-20 token. Tether Gold As per Tether’s recent announcement, tether has now launched a new stablecoin following the success of USDT. USDT is the largest stablecoin by market cap and is the most popular US dollar-pegged token. With the announcement of Tether Gold, the company hopes

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