CryptoUpdated•Originally published 3 June 2026•Updated 4 June 2026•
2 min read

Tether and Fasset Launch Visa Card with Tokenized Gold Rewards

Key Facts

1Tether and Fasset launched a Visa card allowing users to spend fiat and earn rewards in tokenized Tether Gold (XAUT).
2The card will operate on the Visa network, enabling payments at merchant locations worldwide.
3The partnership aims to enhance financial stability by promoting tokenized gold as a viable alternative in volatile economies.

In a move reflecting the accelerating integration of real-world assets into daily payment systems, Tether and Fasset have launched a Visa card that allows users to spend fiat and earn rewards in tokenized Tether Gold (XAUT). According to reports, the card will operate on the global Visa network, enabling consumers to make payments at millions of merchant locations worldwide. The partnership aims to enhance financial stability by promoting tokenized gold as a viable savings and investment alternative, particularly in economies facing high currency volatility.

This launch comes as the crypto sector sees a growing trend toward tokenization, with giants like Mastercard and Visa competing to integrate stablecoins and commodity-backed assets into their ecosystems. Compared to peers, Tether Gold maintains a market capitalization exceeding $600 million per market data, positioning it as a leader in the tokenized gold space. Experts suggest that linking gold to payment cards lowers technical barriers for retail investors seeking to hedge against inflation without the logistical burden of physical gold ownership.

Regarding Visa (V) stock performance, the instrument closed at stable levels recently, with investors awaiting U.S. Personal Spending data scheduled for May 28, 2026, which may signal momentum in the payments sector. Traders should also monitor Fed Williams' speech on the same day, as comments on inflation could impact the attractiveness of alternative assets like tokenized gold. Support levels for Visa remain near monthly lows as the company continues its expansion into crypto-native financial solutions.

Latest Updates · 1

  1. Notable·

    Update: The new card utilizes cashback and automatic round-up features to facilitate the seamless accumulation of tokenized gold. The companies have branded this partnership as the launch of the world's first gold-backed neobanking Visa card, further positioning it as an innovative savings tool in the digital finance space.