Tether tokenized gold product XAU ₮ goes live on Maxbit, a Thai digital asset exchange

Tether announced that its tokenized gold product Tether Gold (XAU ₮) has officially been launched on the Maxbit digital asset exchange in Thailand, becoming the first platform in Thailand to offer Tether Gold trading. XAU ₮ is a token fully supported by physical gold, with each token representing one troy ounce of gold, combining the stability of traditional gold with the speed and transparency of blockchain technology.