Tether Unveils New Version of Itself Backed By Gold

Tether Unveils New Version of Itself Backed By Gold | Live Bitcoin News

After first announcing it back in November, Tether has released Tether Gold (XAUT), a new version of the popular cryptocurrency built atop the Ethereum blockchain. The coin is backed by physical gold, and thus qualifies as a stable currency in that it is tied to something that’s known to retain its value during times of economic strife.