Gate News Bot news, September 2, according to CoinMarketCap data, as of the time of writing, XAUt (Tether Gold) is currently priced at 3492.81 USD, with a pump of 1.09% in the last 24 hours, reaching a high of 3493.26 USD and a low of 3372.77 USD. The current market capitalization is approximately 861 million USD, with an increase of 9.25 million USD compared to yesterday.
Tether Gold (XAUt) is a digital token backed by physical gold. By placing gold on the blockchain, XAUt unlocks various features that are usually only available to crypto assets. XAUt provides ownership of physical gold, with advantages such as easy transport, high divisibility, 24/7 trading, redeemability, convenient storage, and easy verification. For institutional investors, XAUt is an excellent asset that offers