PANews reports on May 13 that Tether announced its tokenized gold product Tether Gold (XAU₮) has officially launched on Maxbit, a digital asset exchange in Thailand, becoming the first platform in Thailand to offer Tether Gold trading. XAU₮ is a token fully backed by physical gold, with each token representing one troy ounce of gold, combining the stability of traditional gold with the speed and transparency of blockchain technology.
Tether’s tokenized gold product XAU₮ is now available on the Thai digital asset exchange Maxbit
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