For example, the commodity-backed cryptocurrencies Tether Gold (XAUT) and Pax Gold (PAXG) are both backed by actual gold. Similarly, other cryptocurrencies could be backed by commodities such as ...

Tether’s USDT and its gold-backed version, XAUT, have gone live on The Open Network (TON), providing Telegram's 900 million monthly users a new method for peer-to-peer global payments.