Cryptocurrency Q&A
Which stablecoin is tied to gold?
Which stablecoin is tied to gold?
CherryBlossomFalling
Mon Jan 13 2025
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7
answers
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I'm interested in stablecoins, particularly the ones that are backed by gold. I want to know which stablecoin is tied to the value of gold, ensuring its stability and reducing volatility.
7 answers
Luigia
Tue Jan 14 2025
XAUT stands as a unique digital asset in the cryptocurrency sphere.
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CryptoChieftain
Tue Jan 14 2025
Each XAUT token issued represents a fractional ownership of gold.
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SsangyongSpirited
Tue Jan 14 2025
Issued by Tether, XAUT promises stability through a tangible backing.
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Valentina
Tue Jan 14 2025
Specifically, one XAUT token equates to the ownership of one troy ounce of gold.
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DongdaemunTrendsetterStyleIcon
Tue Jan 14 2025
The stablecoin is backed by physical gold, adding a layer of traditional value to the digital world.
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