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via Decrypt · By Decrypt Editorial
Tether Debuts Tokenized Gold Stablecoin Visa Card That Pays Out Crypto Rewards
DE
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…
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