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A digital gold coin symbolizing a stablecoin backed by Tether Gold, with a background showing cross-border financial transactions and blockchain technology elements.

Tether Funds XREX for Launch of Gold-Backed Stablecoin

By Vukan Ljubojevic | TH3FUS3 Senior Writer

Tether invests $18.75M in XREX Group. XREX to launch XAU1 stablecoin backed by Tether Gold. Aimed at revolutionizing USDT-based cross-border payments. XREX and Tether Collaborate for financial inclusion and adoption.

June 5, 2024 06:00 AM

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