Aurelion allocates $48 million in Tether Gold to the XAUE yield protocol Aurelion (NASDAQ: $AURE) has allocated 10,000 units of Tether Gold (CRYPTO: $XAUT), worth approximately $48 million, to XAUE, a newly launched protocol designed to generate yield on tokenized gold. The Nasdaq-listed company, which is building a treasury strategy backed by Tether Gold, said…
Tether, the cryptocurrency company best known for its gold- and fiat-pegged stablecoins, announced the launch of a self-custodial digital wallet on April 14. A stablecoin is a type of cryptocurrency that attempts to stabilize its value by pegging it to a “stable” asset such as a fiat currency like the US dollar or a commodity…
Gold’s (GC=F) rise to all-time highs this year has sparked a growing appetite for tokenized bullion as investors look for ways to participate in “debasement trading,” but on blockchain. The precious metal issued in token form uses the same technology that underpins cryptocurrencies, with guarantees from the issuer that the tokens are backed by securely…
Aster’s commercial volume has exceeded hyperlycides, increasing the income of the platform above those of Circle and Tether. | Credit: Gary Hershorn/Getty Images. Key control Until recently, hyperlichid dominated the market for decentralized trade of perpetual futures. Aster of New-on The-Block has overcome the seven-day volume of Hyperliquid. Aster has generated more rates in the…
