Tether, the company that produces stablecoins, stated on Monday that it will begin trading Tether Gold (XAU) and Euro Tether (EUR) on the cryptocurrency market Huobi Global on December 8.
Huobi Global claims that there are over 500 different kinds of digital tokens accessible on the market, with over $2.6 billion in trading volume.
Customers of Huobi will now have access to the stablecoin that reflects ownership of actual gold thanks to the launch of XAU on Huobi Global’s exchange.
Additionally, consumers will have access to the Euro-pegged stablecoin from the entity that runs the most popular stablecoin in the cryptocurrency market with EUR’s launch on Huobi Global.
