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

February 15, 2023 — 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.

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