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USDT0 Launches XAUt0: Digital Gold Goes Mainstream—No Vaults, No Banks, Just Code
USDT0 Launches XAUt0: Digital Gold Goes Mainstream—No Vaults, No Banks, Just Code
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Forget Fort Knox—your gold stash now lives on-chain. Tether’s latest move, XAUt0, claims to deliver true digital ownership of the ancient asset class, cutting out custodians and their pesky fees.
How it works: Each XAUt0 token represents physical gold held in undisclosed (but totally secure, we promise) locations. Want your metal? Redeem it—assuming you trust the paperwork.
The twist? This isn’t your grandpa’s gold ETF. XAUt0 runs on blockchain rails, offering 24/7 trading without Wall Street’s lunch-break limitations. Volatility hedge or crypto casino chip? Traders will decide.
One hedge fund manager yawns: ’Another gold wrapper—just what 2025 needed.’ Meanwhile, crypto degens are already leveraging positions against their tokenized bullion.
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