Browsing: gold-backed stablecoin

Tether Gold reserves are making waves in the financial world, as the stablecoin issuer currently holds an impressive 116 tons of physical gold.This substantial amount positions Tether as the largest holder of gold outside of central banks, with reserves rivaling those of nations like South Korea and Hungary.

Chainlink has formed a partnership with Streamex Corp. to improve transparency and cross-chain capabilities for the gold-backed stablecoin GLDY. This…