Tether CEO Reacts As Binance Lists Tether Gold (XAUT), With Seed Tag
The post Tether CEO Reacts As Binance Lists Tether Gold (XAUT), With Seed Tag appeared on BitcoinEthereumNews.com.
Binance to list XAUT, but there’s a catch Tether hires Big Four firm for first full audit Paolo Ardoino, the chief executive officer (CEO) at Tether, has taken to his X account to give an official comment on the upcoming listing of recently launched stablecoin XAUT by the world’s largest crypto exchange, Binance. Binance to list XAUT, but there’s a catch XAUT is a ticker for Tether Gold, and as is clear from the title, this stablecoin is backed with the world’s most precious metal and the oldest store of value and inflation hedge — gold. However, Binance will list it with a seed tag, meaning that this asset is new and could show high volatility. XAUT will be paired with several major cryptocurrencies for trading. The new spot pairs are XAUT/USDT, XAUT/BTC, XAUT/U, XAUT/USDC and XAUT/TRY. XRP Max Pain Triggered Ahead of Friday ETF Deadline, Billions of Shiba Inu (SHIB) Vanish From Centralized Platforms, Tether CEO Reacts to Special Binance Listing of Tether Gold: Morning Crypto Report Schiff Claims Banking Lobby Crushed Crypto Ardoino expressed satisfaction and joy at this news, commenting on it with a “handshake” emoji. According to the post by Binance, users can already start depositing XAUT to start trading later. Withdrawals will open on March 27 at 1:30 p.m. (UTC). You Might Also Like Tether hires Big Four firm for first full audit As reported by U.Today earlier, the leading player on the stablecoin market, Tether, with a huge $184 billion market capitalization value and a global user base of more than 550 million, has engaged a “Big Four” accounting firm to conduct its first full independent financial statement audit. It will be “the biggest ever inaugural audit in the history of financial markets,” Tether claims. The intention to conduct this audit underscores Tether’s dedication…
Filed under: News - @ March 26, 2026 4:29 pm