Bitfinex Becomes First Exchange to List New USD-Denominated, Gold-Tethered Asset

Bitfinex: A Comprehensive Guide to Cryptocurrency Trading

Bitfinex, a leading digital asset trading platform, has announced the listing of a new USD-denominated Tethered Asset, AUSDT, by Alloy by Tether. This innovative offering tethers its value to Tether Gold, backed by physical gold, introducing a new level of stability and reliability to the volatile cryptocurrency market. The AUSDT token, which is available for trading on Bitfinex, combines the security of gold with the efficiency of digital assets, allowing institutions to engage in global trading using familiar currencies like the U.S. dollar. The token will be available through two licensed entities, Moon Gold NA, S.A. de C.V., and Moon Gold El Salvador, S.A. de C.V., each catering to specific customer segments.

Source: Bitcoin

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