Tether Targets Crypto Investors With New Gold Yield Products

Tether’s Ark offers six products, including USDT deposits with advertised annualized rates ranging from 5% to 8%. VIP participants can commit up to 1 million USDT, while fixed-term subscriptions reportedly prohibit early redemption. XAUT rewards introduce gold-price exposure, but the backing of Tether Gold does not protect assets deposited with CoinW. Tether and cryptocurrency exchange CoinW are introducing gold-denominated yield products that offer advertised annualized returns of up to 8%, combining stablecoin deposits with rewards paid in Tether Gold (XAUT). The initiative, called Tether’s Ark, includes six subscription options spanning flexible deposits and fixed commitments of up to 180 days.