$XAUT-USD

The UK's Financial Conduct Authority (FCA) is considering exempting tokenized gold from certain fund rules, which could boost its development and usage in London's bullion market. The FCA will propose this idea on Monday, aiming to clarify regulatory uncertainty and potentially unlock more gold for collateral use. Leading gold tokens, Tether Gold (XAUT) and Pax Gold (PAXG), have seen increased activity, with $2.63 billion and $1.87 billion in distributed asset value, respectively.

Tether Gold deposits in DeFi reached $102.9M, with Aave accounting for 74.2% of the total. The growth highlights increasing interest in digital assets and secure DeFi platforms. Tether and Aave are key players in this trend, which may impact market liquidity and investor sentiment.

Uniswap and PancakeSwap handle 96.1% of $678.2M tokenized commodity trading volume on decentralized exchanges (DEXs) in the past 30 days. Gold-backed tokens, like Paxos Gold (PAXG) and Tether Gold (XAUt), dominate this segment, accounting for 80% of daily volume. Both platforms offer deep liquidity and user bases, with Uniswap on Ethereum and PancakeSwap on BNB Chain.

According to the article, Tether will wind down Alloy, its gold-backed lending platform, on Sept. 17. It says five customers still owe 399,088.74 aUSDT against 194.41 XAUT collateral, with 37 days remaining. The piece notes Alloy launched June 17, 2024, and that XAUT is not closing, with 194 locked ounces about 0.03% of supply.

Bitcoin pulled back from a one-month high after WTI crude rose above $85, reviving inflation concerns and shifting flows toward haven assets. BTC dominance rose to 59% as altcoins and stablecoins saw outflows. Derivatives showed tighter long/short positioning and bearish CVDs in several tokens, while HYPE and XLM underperformed and NIGHT gained 19%.

IX Asia Indexes released the 1H 2026 review of its IX Digital Asset Industry Classification System (DAICS®). It covers the top 50 coins by average market cap over 90 days (97.45% total coverage; 50th coin 0.06%). Seven coins were added (e.g., CC, XAUT, PAXG) and six deleted (e.g., ENA, APT, WLD). DAICS® changes take effect 24 July 2026.