July 10, 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 Coinstore, a premier digital asset exchange.
As a leading exchange, Coinstore provides users with a wide range of trading pairs, including more than 600 trading pairs and over 800 different types of tokens. The exchange prides itself on its user-friendly interface, high-security standards, and robust trading infrastructure designed to accommodate the needs of both novice and experienced traders.
With the addition of EUR₮ and XAU₮ to Coinstore, users will gain access to two stablecoins developed by the creators of USD₮, the world's first, most stable, and trusted stablecoin. Coinstore customers can now experience the benefits of XAU₮, a digital asset that represents ownership of physical gold, with each XAU₮ token representing ownership of 1 troy fine ounce of gold on a London Good Delivery gold bar. Additionally, users will also have the opportunity to transact with EUR₮, a stablecoin pegged 1-to-1 to the euro, providing a seamless and secure digital representation of the euro currency.
"We are delighted to work with the leading exchange, Coinstore to enable users worldwide to access and own digital assets backed by the Euro and physical gold, said Paolo Ardoino, CTO at Tether. As the company behind the most trusted stablecoin renowned for its liquidity, rising market share, and widespread adoption, this once again underscores our vision of unlocking financial freedom and economic inclusion for communities across the globe.
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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 CoinStore) 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.
