Investment bank Jefferies suggests that the recent significant surge in gold prices cannot be fully explained by traditional market factors. Instead, they point to Tether, the issuer of the largest stablecoin (USDT), as a major new source of demand.
Read MoreTether Gold (XAUt), a tokenized asset backed by physical gold and issued by the company behind the USDt stablecoin, is experiencing significant growth.
Read MoreAmid increasing global uncertainty, Tether Gold (XAUt), Tether's gold-backed digital token, is experiencing a significant surge in investor interest.
Read MoreBitfinex, a premier digital asset trading platform, has announced the activation of support for XAUT0 on The Open Network (TON).
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