Tether’s $3.3B Gold Token Wins Shariah Approval, Opening Islamic Finance to XAU₮ Worldwide

3 days ago 1

Rommie Analytics

Key Takeaways:

  • XAU₮ has been officially certified as Sharia Compliant by Amanah Advisors, the gold backed token of Tether.
  • Approvals for Islamic banks, institutions and investors to access compliant digital gold.
  • XAU₮ is built on a blockchain and backed by 100% physical gold held in Swiss vaults.