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Two Blokes Mon at 11:15 PM -
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Crypto
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Tether, the company behind several leading cryptocurrency stablecoins, including USDT, announced Wednesday that it holds $770 million in physical gold bullion reserves backing its Tether Gold (XAUT) stablecoin. Launched in 2020, XAUT is a digital asset pegged to the price of one ounce of physical gold.