TechFlow News, February 6: According to a Cointelegraph report, stablecoin issuer Tether has acquired approximately 12% equity in precious metals platform Gold.com for $150 million. The two parties plan to integrate Tether’s gold-backed cryptocurrency, Tether Gold (XAUt), into the Gold.com platform.
Tether CEO Paolo Ardoino stated that gold plays a central role in preserving value—especially during periods of monetary stress and geopolitical uncertainty. Tether believes gold should be as accessible, transferable, and usable as modern digital currencies.
The two parties are also exploring solutions enabling customers to purchase physical gold using Tether’s flagship stablecoin USDT and its newly launched U.S.-market-focused stablecoin USAt (USAT).
