Binance to List Tether Gold with Seed Tag

Binance, a prominent centralized exchange (CEX), has announced the listing of Tether Gold (XAUt) with a seed tag applied. According to BWEnews, this move is part of Binance's ongoing efforts to expand its offerings and provide users with more diverse investment options. Tether Gold, which is pegged to the price of gold, has a market capitalization of approximately $2.473 billion. The listing aims to attract investors interested in gold-backed digital assets. However, Binance has noted that the automatic market capitalization match could be inaccurate.