Tether Gold (XAUT) Gains Traction Amid Concerns Over 'Paper Gold' Market
According to reports, Aurelion has transitioned to Tether Gold (XAUT), a blockchain-based token, to mitigate potential vulnerabilities within the 'paper gold' market. Tether Gold is backed by physical gold. The development highlights a move towards blockchain-based solutions for traditional assets, potentially offering increased transparency and security compared to conventional methods of investing in gold. The shift reflects growing interest in tokenized assets and their role in addressing concerns related to traditional investment markets.
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