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Easily convert XAUT to USDC with ConvertOnline's efficient tool.
Tether Gold (XAUt) is a digital asset that represents a claim on physical gold, making it a stable and reliable option for investors looking to hedge against market volatility. Each XAUt token is backed by one troy ounce of gold, stored in a secure vault, allowing users to trade gold on blockchain without the complexities of traditional gold ownership.
USDC (USD Coin) is a stablecoin pegged to the US dollar, designed to provide a reliable digital currency for transactions within the cryptocurrency ecosystem. It is fully backed by reserves of fiat currency and is issued by regulated financial institutions, ensuring transparency and security in its operation.