Tokenization of gold sounds very appealing, but poor liquidity is its original sin. It's no surprise that Tether cut this line; as long as XAUT itself remains alive, that's enough.

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CoinNetwork
CryptoWorld News reports that Tether has announced it will shut down its gold-backed stablecoin AUSDT, which is based on its own tokenized gold (XAUT). The company stated it will shift its focus to areas with stronger demand and broader market opportunities.
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