Jun 3, 2026
Markets
Tether Debuts Tokenized Gold Stablecoin Visa Card That Pays Out Crypto Rewards
Leading stablecoin issuer Tether is looking to flip the script on gold’s store-of-value framing, making its tokenized version of the commodity the key medium of exchange for a new Visa card. Made in collaboration with digital banking firm Fasset, the card will allow users to spend their Tether Gold (XAUT) holdings anywhere Visa is accepted worldwide. “Historically, gold has been a store of value, not a medium of exchange,” said Tether CEO Paolo Adroino, in a statement. “This initiative change...
Mar 26, 2026
Coins
Stablecoin Giant Tether Expands Leading Gold-Backed Token to BNB Chain
Tether said Thursday that it has launched its gold-backed token XAUT on BNB Chain, expanding access to the dominant tokenized gold product after the precious metal soared to new price heights in recent months. The listing connects BNB Chain's ecosystem to XAUT, which is the largest gold-backed token on the market with a nearly $2.5 billion market cap, as of this writing. That’s nearly half the total tokenized gold market, which currently sits at $5.3 billion, per data from CoinGecko. Paxos’ PAX...