tSILVER (tXAG) is a silver-backed stablecoin on the Ethereum blockchain that is minted by a network of esteemed traders from the traditional precious metals market. Each tSILVER token is 1:1 collateralized by 99.99% LBMA-accredited silver, stored in fully audited and insured vaults.
What are the benefits of tSILVER?
tSILVER is a highly portable, transferable, and liquid digital asset. It has the advantages of physically allocated silver, but does not have the drawbacks of limited transportability or high storage costs usually associated with it. Instead, it has the divisibility, fungibility, and tradability of any digital asset like Bitcoin.
Free of recurring storage or management fees, tSILVER offers investors of any size a convenient and cost-effective alternative to traditional silver products, with the additional benefits of real-time 24/7 trading, cryptographically secure instant settlements, and fewer intermediaries.
What makes tSILVER Unique?
tSILVER was created with sustainability in mind. tSILVER tokens are independently minted by a global network of established precious metals refineries, vaults and traders that participate in the Aurus Ecosystem. Aurus’ decentralized approach to tokenization ensures that the company can never “touch” or influence the silver traded or vaulted, meaning investors are not subject to a single point of failure.
Aurus embraces the decentralized nature of blockchain: DeFi. Holders can (soon) earn a yield on their silver (tSILVER) holdings by providing liquidity to decentralized exchanges (DEX) trading pools. This, for the first time, positions silver as a productive, yield-bearing asset.
Where Can You Buy tSILVER?
tSILVER can be bought from various Aurus partnered exchanges and precious metals dealers, with multiple fiat and crypto trading pairs available. Visit the Aurus Marketplace.
What Is Aurus?
Aurus the company behind tSILVER (tXAG), was founded in 2018 and provides the software, network and blockchain infrastructure for global precious metals businesses and financial institutions to merge with the future of finance, in the form of DeFi and Web3 applications.
With tSILVER, investors can enjoy:
Cost-efficient silver accumulation, at fractions above spot market price and grams at a time.
Hassle-free storage: carry any amount of silver safely in your pocket by using a digital wallet.
Frictionless transactions: send cents worth of silver, virtually instantly across the world at minimal fees.
Access to global liquidity: buy and sell silver 24/7, at the convenience of your mobile phone.
The Aurus Ecosystem
The Aurus Ecosystem is a highly scalable, self-sustaining global network of precious metals providers, vaults and distributors that interact with the Aurus blockchain platform to independently mint and distribute precious metals-backed tokens globally.