#Matrixport launches on-chain gold token XAUm đ
Matrixport's RWA platform Matrixdock officially launches the innovative gold token XAUm! Each XAUm token is fully backed by a LBMA-spec physical gold bar with a purity of no less than 99.99%, anchored to a physical gold bar of one troy ounce. XAUm supports native deployment on ETH and BNB chains to meet the needs of a variety of Dapp applications. Currently supports USDC and USDT transactions, with a minting fee and redemption fee of only 0.25%, exempting traditional gold storage fees. Users can also redeem physical gold in Hong Kong and Singapore!
What do you think of this on-chain gold token? Welcome to share your views in the comments section!