Deep潮TechFlow News, on February 20th, Tether CEO Paolo Ardoino posted on the X platform stating that over the past 6 months, a total of 94 tons of tokenized gold XAUT has been transferred on-chain, with a total fee of only 0.0016%. In comparison, traditional central banks often spend millions of dollars on logistics and security costs to transport physical gold, while tokenized gold can achieve near-instant settlement and extremely low-cost transfers, highlighting the advantages of on-chain assets in cross-border liquidity efficiency.
Note: XAUT is a tokenized asset issued by Tether backed by physical gold, allowing users to transfer gold ownership on the blockchain.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Deep潮TechFlow News, on February 20th, Tether CEO Paolo Ardoino posted on the X platform stating that over the past 6 months, a total of 94 tons of tokenized gold XAUT has been transferred on-chain, with a total fee of only 0.0016%. In comparison, traditional central banks often spend millions of dollars on logistics and security costs to transport physical gold, while tokenized gold can achieve near-instant settlement and extremely low-cost transfers, highlighting the advantages of on-chain assets in cross-border liquidity efficiency.
Note: XAUT is a tokenized asset issued by Tether backed by physical gold, allowing users to transfer gold ownership on the blockchain.