
Tether brings gold-backed stablecoin to Thailand as inflation hedge demand grows
Tether has listed its gold-backed token XAUT on Maxbit, making the Thai platform the first in the country to offer access to the blockchain-based precious metal asset. Stablecoin issuer Tether is bringing its gold-backed token, Tether Gold (XAUT), to Thailand through a new listing on Maxbit, a local crypto exchange launched as a joint venture…