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Guavy AI Editorial TeamSentiment: 2.5Clout: 85

XAUT Enters Top 10 Perpetual Trading Pairs on Binance Amid Gold Demand Surge

Tether Gold (XAUT), a digital gold backed by physical gold, has made significant strides in the cryptocurrency market. According to recent data from CryptoQuant, XAUT has entered the top 10 perpetual trading pairs on Binance.

The asset's growth can be attributed to the increasing demand for gold alternatives amid macroeconomic uncertainty and fiat currency fluctuations. As a commodity-backed stablecoin, XAUT allows investors to hold and trade physical gold in a digital form, providing a hedge against market volatility.