Key notes
- Tether Gold (XAU ₮) is now available on Maxbit, the first Thai platform to offer it.
- Each XAU ₮ is supported by an ounce of golden gold stored in a secure safe.
- Tether’s plans to develop in the regulated markets, including the United States, continues to gain ground.
Tether announced that his golden back token, his gold storm
Xaut
$ 3,252
24h volatility:
1.3%
COURTIC CAPESSION:
$ 801.59 M
Flight. 24 hours:
$ 44.30 M
is now available on Maxbit, an exchange of digital assets in Thailand. This is the first time that a Thai platform has given users access to a digital token supported by Real Gold.
According to the update, this decision will offer local investors a new way of protecting their money, especially during an uncertain economic period.
Maxbit becomes the first in Thailand to offer attachment gold
It should be mentioned that with this list, Maxbit is now the first exchange in Thailand to offer gold. Tether Gold is a digital token entirely supported by Real Gold. Each token is an ounce of golden gold stored in a secure vault.
This update comes only a few days after Tether shared his plans to launch a stablecoin based in the United States, showing his interest in seizing more regulated markets.
The official report explains that Tether Gold mixes traditional gold property with blockchain technology. This allows investors to keep and move gold without physical storage or transport.
Tether Gold provides stability while providing speed and transparency in digital transactions. It also allows Thai investors to diversify their portfolios by adding a long -standing asset.
It is important to add that the decision to list XAU ₮ follows the growing interest of Thailand for digital finance and the country’s pressure to integrate blockchain into daily use.
Paolo Ardoino, CEO of Tether, said that this development is a major step for the two companies. He said that attachment gold gives people access to the timeless value of physical gold and combines this with the advantages of blockchain.
According to him, while more and more people are looking for solid investment options, XAU ₮ can meet this demand by offering value and ease of use.
At the time of writing the editorial time, XAU ₮ is supported by more than 246,000 ounces of gold, more than 7.7 tonnes. Its market value is $ 770 million, based on the T1 2025 certificate report.
This solid support strengthens confidence in the product when investors are actively looking for safer financial tools due to global economic changes and the increase in inflation problems.
Thailand and the growth of the ties are aligning
The list coincides with the proactive stages of Thailand in digital finance. The country’s SEC has revised its regulations on digital assets and cybercrime, aimed at repressing the accounts of cryptographic mules and limiting cryptographic platforms in regard to foreign embarkation.
In addition, the Thai security agency recently approved USD ₮
USDT
$ 1.00
24h volatility:
0.0%
COURTIC CAPESSION:
$ 148.74 B
Flight. 24 hours:
$ 48.32 B
Another tether token. This approval recognizes USD ₮ as a legitimate cryptocurrency for digital transactions, adding clarity and confidence for users and companies in space.
Thai vice-prime minister also announced its intention to use blockchain to support tourism, especially in areas with limited banking infrastructure. Tether’s entry into this environment corresponds to the country’s vision of a broader financial inclusion.
Mr. Pokkhet Ratchakitprakarn, CEO of Maxbit, said that the company focuses on access to Thai investors with trusted investment tools. With Tether Gold live on the platform, Maxbit offers individuals a chance to invest in a secure asset and on golden backs by digital means.
As part of its recent efforts to extend the use of stablescoin in the world, Tether has made a strategic investment in Fizen Limited. This investment aims to stimulate the adoption of stablescoins and to simplify cryptography payments for users and businesses.
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Benjamin Godfrey is a blockchain enthusiast and a journalist who savor the writing of actual applications for blockchain technology and innovations to stimulate general acceptance and global integration of emerging technology. His desire to educate people on cryptocurrencies inspires his contributions to renowned media and blockchain sites.
