PANews reported on May 13 that Tether announced that its tokenized gold product Tether Gold (XAU₮) was officially launched on the Thai digital asset exchange Maxbit, becoming the first platform in Thailand to provide Tether Gold transactions. XAU₮ is a token fully backed by physical gold, each token represents 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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