Popular gold holder shuts down dollar experiment

The dream of a gold-backed digital dollar is dead. Despite holding 154 metric tons of gold, Tether is killing its aUSDT token because nobody actually used it. This proves that the demand for gold-backed currency is a myth—when given the chance, the market rejected it in favor of traditional stablecoins. If the world's largest private gold holder can't make this work, is gold-backed crypto a failed concept? Or is the market just not ready for it? What do you think?
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