Bitfinex lists a new USD-denominated, gold-backed Tether asset, AUSDT, enhancing stability in the crypto market.
Bitfinex, a prominent digital asset trading platform, has disclosed including a new USD-denominated Tethered Asset, AUSDT, by Alloy by Tether.
Introducing a new level of stability and reliability to the volatile cryptocurrency market, this innovative offering is tethered to Tether Gold, guaranteed by physical gold. Bitfinex offers the AUSDT token for trading, which combines the security of gold with the efficacy of digital assets. This enables institutions to trade globally using familiar currencies such as the U.S. dollar.
The token will be accessible through two licensed entities, Moon Gold NA, S.A. de C.V. and Moon Gold El Salvador, S.A. de C.V., each of which serves distinct consumer segments.
