Tether Partners with Antalpha to Launch $200M Tokenized Gold Treasury

Tether, the issuer of the worlds largest stablecoin USDT, is expanding its footprint in the digital asset space with a new initiative focused on tokenized gold. According to Bloomberg, Tether is collaborating with Antalpha, a crypto miner financing firm, to raise at least $200 million for a new digital asset treasury centered around XAUT, Tethers gold-backed token.

Source: tokenpost.com

Related symbols: USDTUSD