Tether and Fasset Launch First Gold-Backed Visa Card Backed by XAU₮, Offering Up to 6% Cashback on June 3

According to PANews, on June 3, Tether and digital banking platform Fasset launched the world's first Visa debit card backed by digital gold XAU₮. Users can instantly convert XAU₮ to USD₮ and then to fiat currency at Visa merchants globally, while earning up to 6% XAU₮ cashback on qualifying transactions. The card also automatically rounds up each purchase to XAU₮, enabling passive gold accumulation. Tether will provide up to $1 million worth of XAU₮ to support the card's rewards pool.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments