stablecoin issuer tether USD/USD On Monday, it announced that it will launch Tether Gold (XAU₮) and Euro Tether (EUR₮) on cryptocurrency exchange HuobiGlobal from December 8.
Huobi Global reports that there are over 500 digital tokens available on the exchange and a trading volume of over $2.6 billion.
With the launch of XAU₮ on Huobi Global exchanges, Huobi customers now have access to a stablecoin that represents physical gold ownership.
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In addition, the launch of EUR₮ on Huobi Global will give customers access to euro-pegged stablecoins from the company that offers the most widely used stablecoins in the crypto market.
“We are excited to launch XAU₮ and EUR₮ on one of the oldest and major exchanges in the world.” Paul AldoinoCTO of Tether.
“By giving us access to a stablecoin that represents physical gold ownership and a europegged stablecoin backed by the same company behind the first and most stable and trusted stablecoin, the Huobi community will continue to thrive and grow.”
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