Tagged: physical gold

As Gold Sets Highs Past $1,900 Per Troy Ounce, Stablecoin Issuer Tether Claims Demand for its Gold-backed Crypto, XAU₮, has Also Surged

Tether Gold (XAU₮), a crypto-asset offering ownership of physical gold (XAU) that’s reportedly custodied in Switzerland, has experienced a significant increase in its demand as the price of gold surged past $1,900 a troy ounce – which may have been due to the economic uncertainty… Read More

Jon Deane: CEO at InfiniGold Talks About Benefits of Gold Backed Stablecoins and Why Premiums for Physical Gold Increased

  Jon Deane, CEO at InfiniGold,  a company focused on the digitization of physical commodities, recently explained how gold-backed stablecoins can be used to track the spot price of the gold bullion. InfiniGold leverages patented technologies and works with commodity partners to support the wider… Read More

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