Tether has purchased around 12% of Gold.com for $150 million to broaden distribution of its gold-backed token XAUT. The collaboration will integrate XAUT into Gold.com and facilitate physical gold purchases using USDT and Tether's new US-compliant stablecoin USAT. The tokenized gold market, led by XAUT with over 60% share, has grown beyond $5 billion, while Tether also invests in Anchorage Digital to enhance USAT compliance.
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[IMPORTANT] Tether Acquires $150M Stake in Gold.com to Boost XAUT Tokenized Gold Expansion
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