Market Cap
24h Vol
7054
Cryptocurrencies
82521
Markets
The Daily Hodl
2020-01-27 15:15:35

Tether Launches Gold-Backed Cryptocurrency on Ethereum and Tron Networks

Tether Ltd., the company that issues USDT, the world’s largest stablecoin with a market cap of over $4.6 billion, is announcing the launch of a new product, Tether Gold (XAU₮), which aims to offer the “security of a digital asset pegged to physical gold” (XAU). Tether’s management explains in a blog post, “Building on a […]The post Tether Launches Gold-Backed Cryptocurrency on Ethereum and Tron Networks appeared first on The Daily Hodl.