ChainCatcher news, RWA.xyz posted on X that the tokenized precious metals market has surpassed the $1 billion mark, among which:Tether's XAUT market cap rose from $384 million to $491 million, becoming one of the main driving forces, while Paxos' PAXG remains the largest product.Global financial institutions like HSBC are not only providing tokenized gold to retail investors but also supporting technological advancements, including the development of post-quantum cryptography for tokenized gold.Further experiments are underway, led by gold NFTs and tokenized gold supporting stablecoins.

ChainCatcher news, according to Arkham monitoring, the FTX cold wallet address 0x97...1E5c transferred 770 XAUT (Tether Gold), worth approximately 2 million dollars, to Wintermute OTC today at 5:17, suspected to be for an over-the-counter (OTC) sale.Currently, FTX still holds approximately 390 million dollars in crypto assets, including 340 million dollars in FTT, 20.15 million dollars in BOBA, 6.31 million dollars in XAUT, and 5.37 million dollars in EURT, among other assets. XAUT is a crypto token backed by physical gold.

ChainCatcher news, according to Bitget market data, on June 24, the sectors with the smallest decline were payment, decentralized stablecoins, and LSD, among which APM had a 24-hour increase of 15.37%, XAUT had a 24-hour increase of 0.08%, and TENET had a 24-hour increase of 4.93%.As of the time of writing, the top three cryptocurrencies in the real-time increase ranking are LPM, ADF, and LMWR.

ChainCatcher news, according to monitoring by PieShield, the Alameda/FTX tagged address transferred approximately 2000 ETH (worth about 6.3 million USD) and 860 XAUT (worth about 2 million USD) to Wintermute.

ChainCatcher news, according to monitoring by PieShield, the FTX/Alameda identified address has transferred 4,400 XAUT (approximately 8.9 million USD) to Coinbase and 1,000 ETH (approximately 2.6 million USD) to Wintermute.

ChainCatcher news, Tether's Chief Technology Officer Paolo Ardoino announced on social media the launch of a mobile application fully based on USDT and XAUT payments for international procurement settlements in B2B, B2C, and C2C. This solution supports features such as direct payments, escrow, and dispute resolution platforms, and will support the Bitcoin Lightning Network. Currently, "the application is still in the testing phase and will be launched soon."

ChainCatcher news, according to Tether's official announcement, Euro Tether (EURT) and Tether Gold (XAUT) will soon be listed on the crypto trading platform DigiFinex.It is reported that 1 XAUT represents ownership of 1 ounce of gold on London Good Delivery gold bars; EURT is a stablecoin pegged 1:1 to the euro. (source link)