Tether Gold (XAU₮) is a tokenized gold product built on the Ethereum and TRON blockchains that was just launched by the same company behind the USDT stablecoin, Tether. It’s backed by physical gold, and tokens can be redeemed for the precious metal.
CryptoCompare’s December Exchange Review found that trans-fee mining cryptocurrency exchanges have seen their trading volumes drop by 30% in December, amid a wider market slowdown.
Ripple, the controversial company often associated with XRP, could go public within the next 12 months, according to its CEO Brad Garlinghouse as it’s part of the company’s “natural evolution.”
Top stories in the Crypto Roundup today:
- Tether Launches Tokenized Gold Cryptocurrency Tether Gold
- Trans-Fee Mining Exchanges’ Trading Volumes Dropped 30% in December
- Ripple Could Go Public within 12 Months, According to Its CEO
At the time of writing, bitcoin (BTC) is trading at $8,321.70 (-1.14%) with a daily Top Tier volume of $1.61 billion. As for ether (ETH), it is trading at $158.71 (-2.65%) with a daily Top Tier volume of $387.25 million. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 2,882.52 (-2.26%).