ChainCatcher news, according to Arkham monitoring, a wallet holding over $250 million in Tether Gold belongs to RhinoFi.In the real world, this is almost equivalent to 3 tons of gold. Since these Tether Gold were transferred in, their value has increased by $90 million.

ChainCatcher news, according to official sources, Tether Gold has announced its launch on the exchange Flipster.

ChainCatcher news, Tether has officially announced that Euro Tether (EUR₮) and Tether Gold (XAU₮) will be listed on the digital asset exchange Coinstore.It is reported that each XAU₮ token represents ownership of 1 troy ounce of London Good Delivery gold bars, and Euro ₮ is a stablecoin pegged 1:1 to the euro. (source link)

ChainCatcher news, Tether's Chief Technology Officer Paolo Ardoino tweeted that the Tether Gold token, backed by physical gold and launched by Tether, is not competing with Bitcoin but with fiat currency. Bitcoin is the best currency ever created by humanity, but currently not everyone is ready to understand Bitcoin, so Tether Gold may be the first step to more easily abandon fiat currency and enter a new digital paradigm. (source link)