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Tether Gold aims to rival gold ETFs with faster, cheaper, and transparent blockchain-backed gold tokens.

Market News
14 Nov 2026, 00:37 WIB
Kitco
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Bullish
Tether Gold aims to rival gold ETFs with faster, cheaper, and transparent blockchain-backed gold tokens.

Tether CEO Paolo Ardoino announced that Tether Gold (XAU₮) is positioned to become a major competitor to traditional gold ETFs by offering gold tokens that settle instantly, reduce custody costs, and provide greater transparency through blockchain technology. This innovation challenges the dominance of gold ETFs, which have long been the primary way for investors to access gold. The World Gold Council supports this shift, estimating tokenization could unlock $700 billion in new investments. Tether's recent independent audit by KPMG, verifying its physical gold reserves, adds credibility to this digital gold offering. While ETFs remain strong and regulated, tokenized gold could reshape how investors use and access gold, driving industry innovation rather than outright replacement of ETFs.

Tether's move into tokenized gold offers a new perspective on gold investment, here is Pluang's market snapshot as of Nov 14, 2026 04:41 WIB: Among 150 priced US stocks tradable on Pluang, 66 rose and 84 fell today. Notable movers include FIRY (Firy Inc.) at USD 10.91 with a 1-day change of -9.46% and 100% buy order activity, LCID (Lucid Group Inc) at USD 2.96 down 9.06% with 100% buy orders, and IQ (IQIYI Inc - ADR) at USD 0.83 down 7.25% also with 100% buy orders. Typical hold times range from 14 to 57 days.

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