13 July, 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."
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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 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.
