BTSE Lists Tether Gold (XAU₮)
We’re pleased to announce that Tether Gold (XAU₮)*, a digital token backed by physical gold, has been listed on financial technology exchange, BTSE.
BTSE commenced trading in XAU₮ on 19th May 2020, 09.00 AM (GMT). XAU₮’s listing on BTSE further underlines the popularity and trust in XAU₮ as a blockchain-based token that offers the capabilities to own a fractional amount of what is commonly viewed as the world’s most reliable precious metal at low cost, which is not possible traditionally.
For more information on BTSE, please visit: https://www.btse.com/en/about-us/
Prior to this listing, XAU₮ has been listed on four exchanges – Bitfinex, RenrenBit, FTX, Celsius Network, and DeversiFi. It has reached an approximately $87 million of market capitalization, which makes XAU₮ the world’s biggest gold-backed stablecoin, far surpassing its predecessors and nearest rivals.
XAU₮ was launched in January this year to help meet the increased interest in gold-backed digital tokens as investors seek more stable forms of investment in response to the significant economic disruption caused by the coronavirus outbreak.
Is your exchange interested in listing XAU₮? Contact our around the clock customer support team at email@example.com!
Contract address: https://etherscan.io/token/0x4922a015c4407f87432b179bb209e125432e4a2a
* XAU₮ is issued by TG Commodities Limited.
This post is not an offer to sell or the solicitation of an offer to buy XAU₮. TG Commodities Limited will only sell or redeem XAU₮ pursuant to its terms of sale and service available (as at the date of this press release) at gold.tether.to/legal.