Tether Debuts Tokenized Gold Stablecoin Visa Card That Pays Out Crypto Rewards

Decrypt Editorial

(09:03 PM UTC)

1 min read

In brief

Tether is launching a new gold-backed stablecoin card in collaboration with Fasset that pays cashback rewards in digital gold.
The card spends from a user's XAUT balance, Tether's gold-backed stablecoin, and instantly converts it to USDT and then fiat.
Cardholders can earn cash back paid immediately in the firm's version of tokenized gold, XAUT.

Leading stablecoin issuer Tether is…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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