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Tether Gold is listed on Maxbit on Thailand Exchange

Internet reports that Tether is launching its tokenized gold digital assets in Thailand and listing them on the local cryptocurrency exchange Maxbit. Tether said in an announcement on May 13 that its gold-backed token Tether Gold (XAUt) has been listed on Maxbit, the Thai exchange. Launched in January 2020, Tether Gold is a gold-backed digital asset with a market value of US$802 million. Each XAUt represents the ownership of one troy ounce of gold.

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