[Tether and Fasset Launch the World's First Gold-Backed Visa Card] Tether announced a collaboration with digital banking and investment platform Fasset to launch the world's first Visa debit card backed by digital gold XAU₮. Users can instantly convert XAU₮ to USD₮ and then to fiat currency for payments at global Visa merchants, earning up to 6% cashback in XAU₮ on eligible transactions. The card also supports automatic conversion of transaction 'round-ups' into XAU₮, enabling passive gold accumulation. Tether will allocate up to $1 million worth of XAU₮ to support the card's rewards pool. Fasset, which operates multi-currency accounts and crypto-to-fiat gateways in Asia and Africa, aims to use this initiative to drive large-scale adoption of XAU₮ in emerging markets.