Coinstore Lists XAUT/USDT Trading Pair

Fellow Coinstorers,

Coinstore will list XAUT(XAUt) and open XAUT/USDT trading pair.

Details are as follows：

Total supply: 246,524

Total circulation supply: 246,524

Official Website: https://tether.to/

Block Explorer: https://etherscan.io/token/0x68749665FF8D2d112Fa859AA293F07A622782F38

Introduction:

Tether Gold (XAUt) is termed the “natural progression” in the evolution of money as per its official whitepaper. After creating the largest stablecoin by market capitalization, Tether (USDT), TG Commodities Limited introduced Tether Gold, a gold-backed digital currency.

With gold being considered by many as a “store-of-value,” the gold-backed stablecoin offers some advantages over its fiat-backed counterparts. Tether's Gold token provides users with an asset combining both scarcity and price stability akin to that of gold but also offers digital token convenience for transactions and trust in scarcity.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Coinstore will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Coinstore Team

12th July, 2023

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