Gold Rush or Fool’s Errand? Binance Lists Tether’s Shiny New Coin
XAUT, or Tether Gold, is the latest brainchild of the Tether team, who apparently decided that backing a coin with the US dollar wasn’t flashy enough. “Let’s throw some gold into the mix!” they said, probably while sipping champagne in a boardroom lined with velvet. But here’s the kicker: Binance is listing it with a “seed tag,” which is crypto-speak for “this thing is so new it might as well come with a ‘handle with care’ label.” Volatility? Oh, it’s coming. Buckle up, buttercup.



