Tether Introduces Gold-Backed Token

6/17/2024 3:44:20 PM

According to @TheBlock__, Tether has launched a new token that is 'supported' by gold stored in Swiss vaults. This initiative is part of Tether's new line of synthetic cryptocurrencies. The move could attract investors looking for stable assets linked to physical commodities, adding a new dimension to the cryptocurrency market. (Source)

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