Tether Gold (XAU₮) Expands Reach with Mobee Listing in Indonesia

Tether Gold (XAU₮), the tokenized gold offering by Tether, has been officially listed on Mobee, a digital asset exchange in Indonesia. This strategic MOVE significantly broadens the availability of tokenized gold in Southeast Asia, providing Indonesian investors with enhanced access to gold through blockchain technology.

Each XAU₮ token represents ownership of one troy fine ounce of physical gold, stored securely in Swiss vaults. The token leverages blockchain technology to offer round-the-clock trading, low-cost transfers, and fractional ownership. This innovation aims to overcome traditional barriers to Gold investment, enhancing transparency and security for users.

Mobee has become one of the first regulated Indonesian platforms to offer digital access to gold with minimal investment thresholds. Users can begin investing with as little as IDR 20,000, thanks to XAU₮'s high divisibility. The platform also supports recurring purchases through its Auto Invest feature and offers up to 0.5% APR via its 'Flexi Earn' plan, making gold investment accessible and rewarding for long-term investors.