Tether spends $150 million to acquire a 12% stake in its gold token XAUT to expand its issuance.

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According to Foresight News , citing CoinDesk, Tether has acquired a 12% stake in Gold.com for $150 million. The platform offers trading in both physical and tokenized gold. Tether will integrate its gold token, XAUT, into Gold.com's infrastructure.

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