Tether Gold (XAU₮) Debuts on Maxbit, Expanding Digital Gold Market in Thailand
Tether Gold (XAU₮), a tokenized gold product, has launched on Maxbit, Thailand’s first exchange to list the asset. Each XAU₮ token represents one troy ounce of physical gold, merging the reliability of precious metals with blockchain efficiency.
The listing introduces a globally recognized gold-backed stablecoin to Thai investors, offering real-time asset verification and enhanced liquidity. This MOVE signals growing institutional interest in tokenized commodities as a bridge between traditional finance and digital assets.