PANews reported on October 7th that, according to Coingecko data, as gold prices rise, the market capitalization of tokenized gold, Tether Gold (XAUT), has exceeded $1.5 billion, currently trading at $1,501,095,477, a record high. (Note: Tokenized gold refers to physical gold represented digitally on a blockchain platform. These tokens are backed by an equivalent amount of physical gold held in custody by the issuing institution. )PANews reported on October 7th that, according to Coingecko data, as gold prices rise, the market capitalization of tokenized gold, Tether Gold (XAUT), has exceeded $1.5 billion, currently trading at $1,501,095,477, a record high. (Note: Tokenized gold refers to physical gold represented digitally on a blockchain platform. These tokens are backed by an equivalent amount of physical gold held in custody by the issuing institution. )
Tether Gold's market capitalization exceeds $1.5 billion, hitting a record high
PANews reported on October 7th that, according to Coingecko data, as gold prices rise, the market capitalization of tokenized gold, Tether Gold (XAUT), has exceeded $1.5 billion, currently trading at $1,501,095,477, a record high. (Note: Tokenized gold refers to physical gold represented digitally on a blockchain platform. These tokens are backed by an equivalent amount of physical gold held in custody by the issuing institution. )
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