Aave Gold Deposits Surge 91% as XAUT Gains Ground

The post Aave Gold Deposits Surge 91% as XAUT Gains Ground appeared first on Coinpedia Fintech News

Aave is quietly becoming a bigger destination for tokenized gold, and the numbers are getting harder to ignore. Deposits of Tether Gold (XAUT) on Aave have jumped from about $40 million in early June to $76.7 million, a roughly 91.7% increase. That makes Aave the largest DeFi venue for tokenized physical gold based on the …