In a move that combines gold, blockchain, and digital payments, @Tether USDT in collaboration with Fasset announced the launch of the world's first Visa card backed by tokenized gold.
💳 The card allows users to spend digital gold at millions of stores worldwide just like they would with a regular bank card.
Key features:
✨ Up to 6% cashback in $XAUT (Tether's digital gold). ✨ "Round-Up" feature that automatically invests the spare change from purchases into gold-backed assets. ✨ Settling payments in seconds by converting XAUT → USDT → local currency at the point of sale.
📊 This move represents a significant leap in integrating real-world assets (RWA) with traditional payment systems, paving the way for digital gold to be used in everyday life.
Are we witnessing the return of gold as a modern payment method thanks to blockchain?