Tether announces expansion of Eurt and Xaut on the world's first socially shaped stock exchange

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Der Stablecoin-Emittent gab die Notierung von Euro Tether (EUR₮) und Tether Gold (XAU₮) auf XT.COM bekannt, das als „weltweit erste sozial geprägte Börse“ angepriesen wird. Der jüngste Schritt wird es den Nutzern der Plattform ermöglichen, auf XAU₮ zuzugreifen – was den Besitz von physischem Gold repräsentiert – sowie die Möglichkeit, Transaktionen mit EUR₮ durchzuführen – einem Stablecoin, der 1:1 an den Euro gekoppelt ist. Die Expansionsnachricht kommt inmitten einer zunehmenden Prüfung im Stablecoin-Sektor. Die Hinzufügung von EUR₮ und Paolo Ardoino, CTO von Tether, äußerte sich zu den bevorstehenden Notierungen und erklärte: „Als Unternehmen hinter dem führenden Stablecoin auf dem heutigen …
The stable coin issuer announced the listing of Euro Tether (EUR ₮) and Tether Gold (Xau ₮) on XT.com, which is advertised as the "first socially shaped stock exchange worldwide". The most recent step will enable users of the platform to access Xau ₮ - which represents the possession of physical gold - as well as the possibility of carrying out transactions with EUR ₮ - a stable coin that is linked to the euro 1: 1. The expansion message comes in the middle of an increasing examination in the StableCoin sector. The addition of EUR ₮ and Paolo Ardoinino, CTO of Tether, commented on the upcoming notations and explained: “As a company behind the leading stable coin on today's ... (Symbolbild/KNAT)

The StableCoin issuer announced the listing of Euro Tether (EUR ₮) and Tether Gold (Xau ₮) on XT.com, which is advertised as the "first socially shaped stock exchange worldwide". The latest step will enable users of the platform to access Xau ₮ - which represents the possession of physical gold - as well as the possibility of carrying out transactions with EUR ₮ - a stable coin that is linked to the euro 1: 1.

The expansion message comes in the middle of an increasing examination in the StableCoin sector.

  • The addition of EUR ₮ and
  • Paolo Ardoinino, CTO of Tether, commented on the upcoming notations and explained:

"As a company behind the leading stablecoin on today's market, which is known for its extraordinary liquidity, its growing market share and its broad acceptance, this underlines our steadfast commitment to enable financial liberation and to promote the economic inclusion for communities around the world."

  • Xau ₮ was introduced by Tether in 2020 and represents the possession of a troy ounce of gold that is kept in a Swiss safe controlled by the company.
  • EUR ₮, on the other hand, is a stable coin coupled to the euro, which is also supported by Tether and reflects the euro via a decentralized network.
  • currently Xau ₮ and EUR ₮ have a market capitalization of $ 474 million or $ 44 million. Although the numbers are massively put in the shade by the US Dollar-based USDT, the two stable coins were able to achieve several notations.
  • Another important milestone for the company was the signing of a memorandum of Understanding (MOU) with the Georgian government in June to position the country as a global turntable.
  • The dominance of USDT last year due to the banking crisis and the subsequent turbulence on the StableCoin market, which led to the circulation reached its peak to over $ 83 billion.

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