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.
XAUT1,83%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)