Gold Hits Record Highs as Tokenized Assets Bring Physical Gold On-Chain
Gold Hits Record Highs as Tokenized Assets Bring Physical Gold On-Chain
馃 Gold breaks records
Gold prices are reaching unprecedented levels, with futures crossing $4,200/oz - a new all-time high. This surge is driving increased interest in blockchain-based gold solutions.
Tokenized gold assets are gaining traction as they offer a modern alternative to traditional gold ownership:
- $XAUT and $PAXG provide 1:1 backing with physical gold
- Fully backed by real gold reserves
- Instantly transferable across blockchain networks
- Easily tradable on decentralized platforms
These digital gold tokens combine the stability of precious metals with the efficiency of blockchain technology, allowing investors to gain gold exposure without the complexities of physical storage.
Key advantages include immediate settlement, fractional ownership possibilities, and seamless integration with DeFi protocols.
As traditional safe-haven assets perform strongly, tokenized versions are providing accessible entry points for both crypto-native users and traditional investors looking to diversify.
Precious metals are hitting new highs and digital gold is rising with them 馃殌 Gold is breaking records, and tokenized assets like $XAUT and $PAXG are bringing physical gold on-chain with real 1:1 backing. Route tokenized assets via Bridgers! 馃敆 dapp.bridgers.xyz
馃敆 BNB (ERC20) Now Available on BRIDGERS Cross-Chain Platform
BRIDGERS has added support for BNB (ERC20), enabling users to move the token across different blockchains. **Key Features:** - Non-custodial execution through smart contracts - Aggregated liquidity for routing - User-authorized transactions This addition follows recent integrations of USDC.E (POL), MANYU, and HYPE tokens. BRIDGERS now supports over 400 cryptocurrencies for cross-chain transfers. The platform allows users to find efficient routes for moving assets between chains while maintaining control of their funds through smart contract-based execution. [Access BRIDGERS](http://dapp.bridgers.xyz)
Worldcoin Adds Cross-Chain Support via Bridgers
**Worldcoin ($WLD) is now supported on Bridgers**, a cross-chain bridge platform that enables token transfers between different blockchains. **Key details:** - $WLD can now move across multiple chains through Bridgers' routing system - The integration aims to improve accessibility for users globally - Bridgers automatically optimizes transfer routes in the background - The service is non-custodial, meaning users maintain control of their assets Bridgers previously added support for $WLD on both ERC20 and World Chain networks. The platform handles the technical routing while users authorize transactions. [Access Bridgers](http://dapp.bridgers.xyz)
White House Crypto Summit to Address Stablecoin Interest Returns
The White House will host a crypto summit next Monday, bringing together top banking and crypto executives to advance crypto legislation. **Key Focus:** - Whether crypto firms can offer interest and other returns on stablecoins held for clients - Discussion aims to push forward stalled Senate crypto bill The meeting represents a significant step in establishing regulatory clarity for the crypto industry, particularly around stablecoin yield products.
SWFT Blockchain Launches AI-Powered Technical Analysis Tool
SWFT Blockchain has integrated technical indicators into its SWFTGPT feature, combining traditional market analysis with AI capabilities. **Key Features:** - Technical indicators for tracking market trends and momentum - AI-powered insights for crypto trading decisions - Real-time market data analysis - Available through the SWFT Blockchain mobile app The tool aims to help users make more informed trading decisions by merging classic technical analysis methods with artificial intelligence. Users can access these features by downloading the SWFT Blockchain app at [swft.pro/#Download](http://swft.pro/#Download).
Tether Accumulates 140 Tons of Physical Gold in Swiss Vault
Tether is significantly expanding its gold holdings, purchasing 12 tons weekly according to CEO Paolo Ardoino. The company now stores approximately 140 tons of physical gold in a Swiss bunker, valued at $23.3 billion. **Key developments:** - Weekly purchases of 12 tons of gold - Total holdings of ~140 tons stored in Switzerland - Current valuation: $23.3B - Hired former HSBC gold traders - Represents one of the largest non-government gold reserves globally The stablecoin issuer is quietly building substantial precious metal reserves while bringing in experienced traders from traditional finance. This strategic pivot into physical gold marks a notable diversification from Tether's core digital asset business.