[PRESS RELEASE – Mahe, Seychelles, June 11th, 2023]
Tether Operations Limited (Tether), the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, today announced the upcoming listing of Euro Tether (EUR₮) and Tether Gold (XAU₮) on DigiFinex, a premier centralized digital asset exchange.
Launched in 2017, DigiFinex reports that it is the preferred trading platform of more than 4 million users across the globe. Positioned as a trailblazer in the digital asset exchange industry, DigiFinex sets itself apart by boasting a processing speed of more than 1.5 million transactions per second. It prioritizes security through multi-layer encryption, cold storage, and two-factor authentication, ensuring a safe trading environment.
With the listing of EUR₮ and XAU₮ on DigiFinex, customers now gain access to two stablecoins from the creators of USD₮, the world's foremost stablecoin known for its unrivaled liquidity, market share, and widespread adoption. Furthermore, the addition of XAU₮ to the exchange enables DigiFinex users to delve into the realm of digital assets backed by physical gold, with 1 XAU₮ token representing ownership of 1 troy fine ounce of gold on a London Good Delivery gold bar. Moreover, customers utilizing DigiFinex will also gain access to EUR₮, a stablecoin pegged 1-to-1 to the euro, expanding their options within the stablecoin ecosystem.
“As the company behind the most trusted stablecoin renowned for its liquidity, rising market share, and widespread adoption, this listing reaffirms our steadfast commitment to realizing our vision of empowering communities worldwide with financial freedom and economic inclusion, said Paolo Ardoino, CTO at Tether. "We are therefore delighted DigiFinex will enable users worldwide to access and own digital assets backed by the Euro and physical gold.
To learn more, visit our website, follow us on Twitter, and join our Telegram channel.
About Tether and USD₮
Tether is a pioneer in the field of stablecoin technology, driven by an aim to revolutionize the global financial landscape. With a mission to provide accessible, secure, and efficient financial, communication, and energy infrastructure. Tether enables greater financial inclusion, communication resilience, fosters economic growth, and empowers individuals and businesses alike.
As the creator of the largest, most transparent, and liquid stablecoin in the industry, Tether is dedicated to building sustainable and resilient infrastructure for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.
About Tether Gold (XAUt)
Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full XAUt token represents one troy fine ounce of gold on a London Good Delivery bar. XAUt is available as an ERC-20 token on the Ethereum blockchain and as a TRC20 token on the TRON blockchain. The token can be traded or moved easily at any time, anywhere in the world, and can be transferred to any on-chain address from the purchaser's Tether wallet where it is issued after purchase. The allocated gold is identifiable with a unique serial number, purity, and weight and is redeemable in the form of physical gold.
About Euro Tether (EUR₮)
Euro Tether is a digital asset offered by Tether Limited and Tether International Limited. Like Tether’s USD₮, 1 EUR₮ is pegged 1-to-1 with 1 Euro, and is backed 100% by Tether’s reserves. Tether can be traded on Gate.io, OKX, Bitfinex, LATOKEN, Bitget, BitKan , BitMart, StealthEX, MEXC Global, and Huobi Global. Euro Tether combines digital currency benefits, such as instant global transactions, with traditional currency benefits, such as price stability. With a commitment to transparency and compliance, Euro Tether is a fast and low-cost way to transact with money.
About DigiFinex
DigiFinex, originating from Singapore and established in 2017, is a leading global cryptocurrency exchange. Upholding the values of diversity, integrity, and trustworthiness, DigiFinex provides users with secure 24/7 services for buying, selling, trading, storing, and staking cryptocurrencies.
For more information, please visit: Official Website | Telegram
Important Note:
This press release is not an offer to sell or the solicitation of an offer to buy USD₮, EUR₮ or XAU₮. Tether Limited and Tether International Limited will only sell or redeem USD₮ and EUR₮ pursuant to its terms of service available (as of the date of this press release) at tether.to/en/legal. TG Commodities Limited will only sell or redeem XAU₮ pursuant to its gold token terms of sale and service available (as of the date of this press release) at gold.tether.to/legal.
Forward-Looking Statements
Certain statements in this press release may be forward looking in nature. The words “believe,” “expect,” “estimate,” “could,” “should,” “intend,” “may,” “plan,” “seek,” “anticipate,” “project” and similar expressions, among others, generally identify “forward-looking statements,” which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. None of Tether nor any other person (including DigiFinex) is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
All Comments