Alchemy Pay has announced the listing of Tether Gold (XAUt) issued by TG Commodities Limited, a significant player in the digital asset industry. This move is seen as a strategic effort to diversify its offerings amidst increasing regulatory scrutiny and market volatility.

The inclusion of XAUt, a digital token backed by physical gold, aims to provide a stable asset option for investors wary of the fluctuating cryptocurrency market. However, the broader market sentiment remains pessimistic as regulatory pressures intensify globally, casting a shadow over the industry's future growth and stability.