Dear Biconomy Users,
Biconomy will list Tether Gold and Tether EURt with XAUT/USDT & EURT/USDT trading pairs at 10:00 on 07/12/2023 (UTC).
*Temporarily does not support user transactions in the United States and Canada
About Tether Gold：
A digital token backed by fiat currency provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit. The innovation of blockchains is an auditable and cryptographically secured global ledger. Asset backed token issuers and other market participants can take advantage of blockchain technology, along with embedded consensus s, to transact in familiar, less volatile currencies and assets. In order to maintain accountability and to ensure stability in exchange price, we propose a method to maintain a one to one reserve ratio between a cryptocurrency token, called tethers, and its associated real world asset, fiat currency. This method uses the Bitcoin blockchain, Proof of Reserves, and other audit methods to prove that issued tokens are fully backed and reserved at all times.
Tether Gold Introduction:
- Project Name: Tether Gold
- Token Symbol: XAUT
- Tether Gold Official Website
- Tether Gold White paper
- Tether Gold Official Twitter
- Tether Gold Explorer
- Asset Pair: XAUT/USDT
About Tether EURt：
A digital token backed by fiat currency provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit. The innovation of blockchains is an auditable and cryptographically secured global ledger. Asset backed token issuers and other market participants can take advantage of blockchain technology, along with embedded consensus s, to transact in familiar, less volatile currencies and assets. In order to maintain accountability and to ensure stability in exchange price, we propose a method to maintain a one to one reserve ratio between a cryptocurrency token, called tethers, and its associated real world asset, fiat currency. This method uses the Bitcoin blockchain, Proof of Reserves, and other audit methods to prove that issued tokens are fully backed and reserved at all times.
Tether EURt Introduction:
- Project Name: Tether EURt
- Token Symbol: EURT
- Tether EURt Official Website
- Tether EURt White paper
- Tether EURt Official Twitter
- Tether EURt Explorer
- Asset Pair: EURT/USDT
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Thanks for your support!
Biconomy Team
07/10/2023
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