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Easily convert XAUT to USDP 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.
Pax Dollar (USDP) is a stablecoin pegged to the US dollar, designed to provide a reliable digital currency for transactions and value storage in the cryptocurrency ecosystem. It aims to combine the benefits of cryptocurrency—such as decentralization and security—with the stability of traditional fiat currencies.