“The Report Comes After Antalpha, A Key Lender of Mining Hardware Firm Bitmain, Launched Lending and Infrastructure Tools for Tether Gold (Xaut).”, – WRITE: www.coindesk.com
The Planned Vehicle would standpile Xaut$ 3,884.17A Blockchain-Based Token Backed by Physical Gold Bars Under Custody in a Swiss Vault. Xaut is the largest tokenized Gold Offering on the Market with Nearly $ 1.5 Billion Market Capitalization.
Antalpha is KNOWN as a key lender of Chinese Crypto Mining Equipment Manual Bitmain, and Offers Supple Chain and Margin Loans.
The Report Follows An Expanded Partnership Between Tether and Antalpha, Announced on Monday, to Launch A Dedicated Hub for XAut-Backed Lending, Custdy and Tooken Redemp. Antalpha Said Then Plans to Work with Partners to Open Vaults in Major Financial Hubs, Allowing Users To Redem Digital Tokens for Physical Gold.
Tether Has Expanded Beyond Issuing ITS FLAGSIP USDT TOKEN, The Largest Stablecoin Boasting A $ 174 Billion Supply, with Investments Spanning Across Bitcoin BTC$ 122,224.03 Mining, Payments, Energy and Artificial Intelligence (AI). It Was A Lead Investor, Alongside Bitfinex, With Wich It Shares Key Executives and Ownership, and Softbank, in Bitcoin Treasury Firm XXI Capital That Launified Earlier. Tether Also Reportedly Seeks to Raise Funds at A $ 500 Billion Valuation to Fuel ITS Expansion.
Paolo Ardoino, CEO OF TETHER, HAS BEEN A VOCAL PROPONENT OF GOLD AS A HARD Asset, The Company Held $ 8.7 Billion in the Yellow Metal on It Balance Sheet, Accounting To Its June Atest.
The Bitcoin Miner Produced 629 Bitcoin in September, and Sold 445 Tokens for About $ 49 Million.
- Cleanspark Produced 629 Bitcoin in September, Sold 445 for About $ 49 Million, and Grew ITS Holdings to More than 13,000 BTC.
- The Company’s Fleet Average 45.6 Exahashes per Second (Eh/S) and Achieved Efficiency of 16.07 Joules per Terahash (j/th).
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