I believe but can’t be sure yet another sort of ETF he wants redeemable physical without the storage fees.
- stored in a vault in Switzerland.
- Gold-backed token: Tether also offers XAUt, a digital token that is 100% backed by physical gold and can be redeemed for the physical metal in Switzerland.
Sartori has stated that this is an important milestone for Tether’s strategy, aiming to unlock substantial value by bridging traditional commodities with crypto technologies.
