Gold-backed cryptocurrencies have spiked in value amid the global trade war unleashed by US President Donald Trump’s April 2 tariffs. Tether Gold (XAUT) and Paxos Gold (PAXG) reached all-time highs on April 22, with Tether Gold touching $3,529 and Paxos Gold recording a peak of $3,520, according to data from CoinMarketCap. Two other gold-backed cryptocurrencies — Quorium (QGOLD) and Kinesis Gold (KAU) — have seen rises of 8. 5% and 7
source: https://cointelegraph.com/news/tether-gold-reaches-ath-amid-global-economic-uncertainty?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound