top | item 46771674 (no title) didip | 1 month ago What is the point of stablecoin holder to hold gold?digital currency cannot be trusted on its own? discuss order hn newest Maxatar|1 month ago If you read the article, it's because Tether also issues a gold token called XAUT whose value is pegged to the price of gold:https://coinmarketcap.com/currencies/tether-gold/ Scoundreller|1 month ago Their whole market cap only equates to ~14 tons at current prices though… and article says they bought 26 tons in the quarter before this quarter where they bought 27 tons… load replies (1)
Maxatar|1 month ago If you read the article, it's because Tether also issues a gold token called XAUT whose value is pegged to the price of gold:https://coinmarketcap.com/currencies/tether-gold/ Scoundreller|1 month ago Their whole market cap only equates to ~14 tons at current prices though… and article says they bought 26 tons in the quarter before this quarter where they bought 27 tons… load replies (1)
Scoundreller|1 month ago Their whole market cap only equates to ~14 tons at current prices though… and article says they bought 26 tons in the quarter before this quarter where they bought 27 tons… load replies (1)
Maxatar|1 month ago
https://coinmarketcap.com/currencies/tether-gold/
Scoundreller|1 month ago