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Tether CEO: XAUT, worth 94 tons of gold, has completed on-chain transfer with a total fee of only 0.0016%
On February 20, Tether CEO Paolo Ardoino stated that over the past six months, tokenized gold XAUT equivalent to 94 tons of gold 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, whereas tokenized gold can achieve near-instant settlement and extremely low-cost transfers. On-chain assets have a clear advantage in liquidity efficiency.