Mac 🐺
Mac 🐺
$XAUT
+1.84%
Tether Gold $XAUT is a great innovation. Low slippage (lower than many banks), quick to enter and exit. I hold a bunch for my gold exposure. If we can bring all commodities and stocks on chain with liquidity this good then future is bright.
Garrett Goggin, CFA & CMT
Garrett Goggin, CFA & CMT @GarrettGoggin · 
Tether is cornering the Gold market. They are already taking down 2 tons of Gold per week. That's as big as China. Tether stores its Gold in its own vault outside LBMA/COMEX/GLD/Fed/Chase commingled vaults allowing for 1st true supply/demand price discovery in 50 years.
From X

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.