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Showing posts with the label Tether

🩷My Lovin' (No, You're Never Gonna Get It)☂️

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Juventus and Digital Currency : Understanding the Club's Relationship with Blockchain Technology When discussing Juventus Football Club's involvement with digital currency, it's important to understand what has actually happened— and what remains speculation . The Fan Token: JUV Juventus has indeed created a fan token called JUV , which launched in 2021 and operates on the Chiliz Chain platform. This digital asset allows supporters to participate in certain club decisions through the Socios.com  (not available in America) platform, such as choosing goal celebration songs or team bus designs . The token is currently trading on multiple exchanges including Binance , where the most active trading pair is JUV/USDT . (But you still cannot purchase in America.) It's essential to note that Tether (USDT) is not an exchange —it's a stablecoin , a type of digital currency. The token trades using USDT as one of its trading pairs, meaning fans can buy or sell JUV...

🍎Come On and Ease On Down, Ease On Down the Road🚎

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XAUT: When the Swiss Gold Vaults Went Digital (And Why That's Actually Kind of Brilliant?) So apparently there's a thing called XAUT — Tether Gold —where each token represents ownership of one troy ounce of actual, physical, touch-it-if-you-redeem-it gold sitting in a Swiss vault. Yes, a troy ounce. Not a regular ounce, because gold operates in its own medieval measurement system. The concept sounds utterly absurd at first : we've spent years building digital currencies specifically to escape the limitations of physical assets, and now we're... tokenizing the most physical asset of all ? It's like if Spotify suddenly started mailing vinyl records . And yet, the more you think about it, the more XAUT starts making a strange kind of sense. The Pitch: All the Gold, None of the Vault Rental Here's what XAUT actually does : it provides a digital representation of physical gold ownership, where each token is backed one-to-one by a fine troy ounce o...