Tether XAUt Surpasses Efficiency Milestone with Near-Zero Fees

Tether's XAUt token has achieved a significant milestone by moving 94 tonnes of gold over the past six months with minimal fees. This feat demonstrates the cost-efficiency of tokenized gold, which has become an attractive option for investors seeking lower costs and 24/7 trading.

The total transaction costs for this transfer amount to just 0.0016% of the value moved, showcasing the benefits of blockchain-based settlement. Compared to traditional systems, where physically transporting gold between central banks involves multimillion-dollar expenses, tokenization offers a faster and cheaper alternative.