Tether brings tokenized gold dividends to public markets via XAU t
Summary
Elemental Royalty Corporation has enabled its shareholders to choose receiving dividends denominated in Tether Gold (XAU t) instead of cash, marking a first for a publicly listed gold company structure offering tokenized gold dividends. XAU t is backed by physical gold, offering holders exposure to bullion with the benefits of digital transferability. Tether CEO Paolo Ardoino stated this integrates gold into modern financial distribution via tokenization. This development occurs as precious metals, including gold and silver, consolidate after significant rallies earlier in the year.
(Source:Crypto Briefing)