Tether has announced that Tether Gold (XAU₮) is marking a historic milestone for the gold industry, as the first publicly listed gold company now allows shareholders to receive dividends payable in tokenized gold.
Elemental Royalty Corporation, a publicly traded gold royalty firm, revealed that its shareholders can elect to receive dividends denominated in XAU₮. The move introduces a new distribution model that bridges traditional gold ownership with blockchain-based financial infrastructure.
XAU₮ is a digital asset backed by physical gold, combining the long-established stability of the precious metal with the efficiency, accessibility, and transferability of blockchain technology. By offering dividends in XAU₮, investors gain direct exposure to gold rather than cash equivalents, aligning shareholder returns more closely with the underlying commodity.
Paolo Ardoino, CEO of Tether, stated that integrating gold directly into modern financial distribution models has historically been challenging, and that using XAU₮ for shareholder dividends fundamentally changes that dynamic by unlocking new financial structures previously difficult to implement.
Source: Official Tether announcement
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