This is good news for Crypto-ecosystem as Tether launches its own Gold-Backed cryptocurrency on Erc20 /Ethereum networks. Tether Ltd., issues USDT as one of the worlds largest stablecoin with a huge marketcap almost $4.5 billion announcing their new product Tether Gold (XAUT), The goal would be the "security of a digital asset pegged to physical gold (XAU)"
As per Tether's
“Building on a track record for product innovation, each XAU₮ token represents ownership of one troy fine ounce of physical gold on a specific gold bar.” And they want to invite any supports on this contract address:
Contract address: https://etherscan.io/token/0x4922a015c4407f87432b179bb209e125432e4a2a
In Addition, XAUT is made by ERC-20 on Ethereum network and TRC-20 token on the TRON blockchain. Tether Gold (XAUT) is the one and only product in the digital asset market that has zero fees while maintaining "direct control over the physical gold storage" which is securely kept in a vault in Switzerland.
While PGPay is a gold oriented business from Singapore with over 10 years of experience in minting gold coins and bars since 2010. They adopt blockchain technology to create a gold-back cryptocurrency payments gateway and it's made of Ethereum erc20.
As of the moment, PGPAY is now on IEO phase which is live on Tokpie with softcap set to $1 million while the hard cap is $3 million. The good thing is this token is available against USDC stable coin, Ethereum, and TKP the native token of the exchange.
PGPAY/USDC:0.45
PGPAY/ETH: 0.003 ETH
PGPAY/TKP: 90 TKP
Upon on this exchange, you can Also buy PgPay token as they will be listed on the best exchanges below:
Tokpie: IEO & Listing
Coinlim: Token Listing
Whitebit: Token Listing
VinDax: IEO & Listing
Sistemkoin: IEO & Listing
WBF: Listing
Also check out their investors Package 4 buy (PGPay token 50,000) will receive an additional 10% token and also receive an additional 10g (999.9) physical gold bar from us!
Buy now as we expect more investors to buy and join the said Gold-Backed projects.
FYI, Four Iranian Banks also Supported Gold-Backed Cryptocurrency.
For more information please check out their website:
https://twitter.com/Puregold_SG
https://www.facebook.com/puregoldio/
thanks for reading!
If you have a question please let me know and comment below your thoughts about the gold-backed projects.
