Tether Gold (XAU₮) and Euro Tether (EUR₮) To Launch on Bitget

Tether Operations Limited (Tether), the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, is pleased to announce that Tether Gold (XAU₮) and Euro Tether (EUR₮) have been listed on the crypto derivative exchange, Bitget.

Launched in 2018, Bitget describes itself as a crypto exchange platform that aims to bridge the gap between Web2 and Web3 for their users. Focusing on social trading, which allows traders or investors to emulate the strategies of their peers or more experienced traders, Bitget states that they have amassed over 8 million registered users and 55,000 professional traders from more than 100 countries around the world.

Bitget exchange users will now have access to XAU₮, the stablecoin that represents ownership of physical gold. Additionally, with EUR₮’s launch on the crypto derivative exchange, Bitget customers have gained access to the Euro-pegged stablecoin from the company that powers the first and most widely used stablecoin in the ecosystem today.

“By having access to the stablecoin that represents ownership of physical gold and the Euro-pegged stablecoin that’s backed by the same company behind the first, most stable and trusted stablecoin, we believe the Bitget Community is poised to continue to grow and thrive,” said Paolo Ardoino, CTO at Tether. “We are thrilled to be launching XAU₮ and EUR₮ on one of the leading crypto derivative exchanges across the globe.”

As a crypto derivative exchange, Bitget enables users of all experience levels to trade futures and options on the blockchain. Bitget is ranked by CoinGecko in its global top five for derivatives trading by volume, averages $10 billion in daily training volume, and generated over $100 billion in trading volume in 2021 alone.

About Tether (USD₮) 

Tether is the preeminent stablecoin and a pioneer for financial freedom and innovation. Created in October 2014, Tether’s USD₮ stablecoin has grown to become the most traded cryptocurrency, surpassing that of all rival offerings combined. Tether is disrupting the legacy financial system by offering a more modern approach to money. By introducing fiat currency-digital cash to Bitcoin, Ethereum, EOS, Kusama, Liquid Network, Near, Omni, Polkadot, Statemine, Statemint, Tron, and Algorand blockchains, as well as smart contract platform, Avalanche, Tether makes a significant contribution to a more connected ecosystem. 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, Tether is a fast and low-cost way to transact with money.

About Tether Gold (XAU₮) 

Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full XAU₮ token represents one fine troy ounce of gold on a London Good Delivery bar. XAU₮ 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 purchasers' 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. Euro Tether can be traded on Gate.io, OKX, Bitfinex, LATOKEN, Bitget, 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.

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 Bitget nor any other person (including Tether) 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.