Tether's XAUt gold token has received Shariah certification, which could expand access to the gold-backed token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold.
This certification, as reported by CoinTelegraph, may increase the token's reach and appeal to investors who require Shariah-compliant investments.
Tether is a company known for providing fiat-backed and asset-backed cryptocurrencies, including its popular USDT stablecoin.