[Tether Partners with Fasset to Launch the First Gold-Backed Visa Card] Foresight News reports, according to an official announcement, Tether has partnered with digital banking and investment platform Fasset to launch a Visa card backed by gold. Users can spend fiat currency at merchants worldwide that accept Visa cards and earn up to 6% XAU₮ cashback on eligible transactions. Additionally, users can convert XAU₮ to USD₮ and then to fiat currency during transactions. The card will also feature an automatic roundup function, which invests the spare change from each transaction into XAU₮, enabling passive gold accumulation through everyday spending.