Euro Tether (EUR₮) and Tether Gold (XAU₮) To Launch on ProBit Global
May 22, 2023 — Tether Operations Limited (Tether), the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, today announced that Euro Tether (EUR₮) and Tether Gold (XAU₮) will be listed on ProBit Global, a centralized digital asset exchange that claims a processing speed of more 1.5 million transactions per second.
Launched in 2017, ProBit Global classifies itself as a coin-to-coin exchange that offers more than 600 trading pairs and more than 800 different types of tokens for trading. In addition to an “Exclusives” program for customers to access discounted tokens, ProBit Global grants customers access to features such as educational training resources, initial exchange offerings (IEOs), staking, a native wallet, a customizable user interface, and referral bonuses.
ProBit Global customers now have access to two stablecoins from the creators of USD₮, the world’s first, most stable, and most trusted stablecoin. With XAU₮ being listed on the exchange, ProBit Global customers now can access a digital asset that represents ownership of physical gold, with 1 XAU₮ token representing ownership of 1 troy fine ounce of gold on a London Good Delivery gold bar. Additionally, customers using ProBit Global can also now access EUR₮, a stablecoin that is pegged 1-to-1 to the euro.
“As the company backing the world’s preeminent stablecoin, renowned for its liquidity, market share, and widespread adoption, we are always exploring avenues to expand access to financial freedom and economic inclusion. That is why we are thrilled that ProBit Global customers will have the opportunity to access stablecoins that represent the euro and physical gold,” said Paolo Ardoino, CTO at Tether.
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This press release is not an offer to sell or the solicitation of an offer to buy USD₮, EUR₮ or XAU₮. Tether Limited and Tether International Limited will only sell or redeem USD₮ and EUR₮ pursuant to its terms of service available (as of the date of this press release) at tether.to/en/legal. TG Commodities Limited will only sell or redeem XAU₮ pursuant to its gold token terms of sale and service available (as of the date of this press release) at gold.tether.to/legal.
Certain statements in this press release may be forward looking in nature. The words “believe,” “expect,” “estimate,” “could,” “should,” “intend,” “may,” “plan,” “seek,” “anticipate,” “project” and similar expressions, among others, generally identify “forward-looking statements,” which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. None of Tether nor any other person (including ProBit) is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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