CryptoStatCoins

Bullish

Elemental Royalty Announces Dividends in Tether Gold (XAUT), Pioneering Crypto-Backed Payouts

In a landmark move bridging traditional finance and digital assets, gold royalty company Elemental Royalty Corp. has declared it will distribute shareholder dividends using Tether Gold (XAUT). This strategic decision leverages the tokenized gold standard, XAUT, which represents ownership of physical gold stored in Switzerland. The initiative aims to provide investors with enhanced liquidity, faster settlement times, and direct exposure to gold through a blockchain-based asset. This step is seen as a significant adoption driver for tokenized real-world assets (RWAs), highlighting the growing convergence between the precious metals market and the cryptocurrency ecosystem. Analysts view this as a bullish signal for the practical utility of stablecoins and asset-backed tokens in corporate finance.
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