BlockBeats News, February 20 — Tether CEO Paolo Ardoino stated that over the past six months, a total of 94 tons of tokenized gold XAUT has been transferred on-chain, with a total fee of only 0.0016%. In comparison, under traditional systems, central banks in various countries often spend millions of dollars on logistics and security costs to transport physical gold. Tokenized gold enables near-instant settlement and extremely low-cost transfers, giving on-chain assets a clear advantage in liquidity efficiency.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether Launches Modular Bitcoin Mining Infrastructure to Optimize Energy Efficiency
Gate News message, April 28 — Tether announced a new generation of modular bitcoin mining infrastructure designed to enhance energy efficiency, cost control, and scalability. The system is built on application-specific hash board modules developed in collaboration with Canaan Inc. and ACME
GateNews40m ago
OFAC sanctions Iran’s central bank crypto addresses; Tether cooperates to freeze 3.44 billion USDT
According to a report by blockchain analytics firm Chainalysis on April 27, the U.S. Office of Foreign Assets Control (OFAC) has added two cryptocurrency addresses associated with the Central Bank of Iran (CBI) to the sanctions list; both wallets were frozen on April 23. Chainalysis confirmed that the balance of funds in the frozen addresses matches the $344 million USDT that Tether coordinated with U.S. authorities to seize.
MarketWhisper10h ago
Tether Launches Mining Development Kit (MDK), Open-Source Framework for Bitcoin Miners
Gate News message, April 27 — Tether announced the launch of Mining Development Kit (MDK), an open-source, full-stack development framework designed to provide unified control over the entire infrastructure stack for Bitcoin miners and developers.
MDK features an open modular architecture with
GateNews04-27 12:15
Aave, Kelp, LayerZero Propose Releasing $71M in Frozen ETH for rsETH Recovery
Gate News message, April 27 — Aave Labs, Kelp DAO, LayerZero, EtherFi, and Compound filed a Constitutional AIP on the Arbitrum forum Saturday morning, requesting the release of approximately $71 million in frozen ETH to support DeFi United, a cross-protocol relief effort following last week's $292 m
GateNews04-27 00:16
US Sanctions Iran-Linked Crypto Wallets Holding $344M Frozen by Tether
U.S. Treasury Secretary Scott Bessent announced sanctions on multiple wallets linked to Iran as part of President Donald Trump's efforts to increase economic pressure on the country amid an ongoing ceasefire, according to CNN. The action followed Tether's freeze of $344 million in USDT on Tron,
CryptoFrontier04-26 22:01
U.S. Sanctions Iran-Linked Crypto Wallets, Tether Freezes $344 Million USDT
Gate News message, April 26 — The U.S. federal government sanctioned multiple wallets linked to Iran on April 25, with Treasury Secretary Scott Bessent announcing the action as part of efforts to increase economic pressure on the country amid an ongoing ceasefire. The sanctions came a day after
GateNews04-26 15:51
