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A few days ago, a friend of mine talked to me about a problem:
How can we sell domestically wasted electricity to countries overseas that are short of electricity using tokens?
Let someone with a relevant expertise answer this question. If a suitable solution is found, this could be a large project, and I can act as a go-between.
Today I want to talk about this #XAUT that @BNBCHAIN launched.
Because I've been paying close attention to RWA (Real Asset Tokenization) for a while now.
Initially, the easiest things to obtain were government bonds, bills, and fund shares, but these were not "ordinary" enough and had little to do with most users. However, most people are familiar with gold, so it is easy to understand.
This time, it's not that Tether has issued another new coin.
Instead, it makes it easier to integrate "gold," a traditional safe-haven asset, into BNB's liquidity pool than other real assets.
In the future, crypto users can use whole gold bars for physical hedging, eliminating the need to choose between BTC and USDT. The core function remains hedging, but for BNB Chain, it's about further enriching the RWA narrative.
For users, it means bringing the traditional asset allocation logic onto the blockchain.
Just a reminder, this isn't about whether a particular token will rise or fall, or whether it has potential. This isn't an advertisement or a shill.
However, on the 26th, @binance launched some spot trading pairs and hinted at some promotions.
Let's see if the Binance and BNB ecosystems will develop more scenarios around XAUt.
In summary: With physical gold now on the blockchain, crypto investors have more asset allocation options. The main risk here is the centralized trust risk associated with the issuer and custodian.
I'll do some more research and investigation later.
The differences between XAUt, PAXG, physical gold, and paper gold; will on-chain gold be easier to get listed first than many other RWAs?
@BinanceFutures
@heyibinance @cz_binance @sisibinance

吴说区块链
@wublockchain12
Tether Gold(XAUt)已于 3 月 26 日上线 BNB Chain,每枚代币对应 1 金衡盎司实物黄金,由瑞士金库存储的伦敦优质交割金条 1:1 背书,总储备约 1800 条金条、超 2.21 万公斤。XAUT 当前市值约为 25.1 亿 美元,已在以太坊、Polygon 等链部署。https://wublock123.com/news/tether-gold-launches-on-bnb-chain-58793…

Does XAUT mean physical gold? If I buy it, will I actually receive real gold? I want to buy gold bars.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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