Tether CEO: XAUt Market Cap Surpasses $1.2 Billion
According to a report by Jinse Finance, Tether CEO Paolo Ardoino cited data on the X platform, stating that XAUt's market capitalization has surpassed $1.2 billion, with the number of users growing by more than 50% each quarter. Tether's gold-backed stablecoin XAUt is supported by one troy ounce of physical gold per token, stored in Swiss vaults.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cointel Secures $7.4 Million in Strategic Funding Led by Avalanche and Sugafam Inc
99,999,995 USDT Transferred from an Exchange to an Unknown Wallet
Data: USDC Treasury burns approximately 74.4 million USDC on the Solana network
Trending news
MoreCrypto prices
More
