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Listing of Euro Tether & Tether Gold on MEXC Global

Written byMaxwell Mutuma
Edited by Niharika Deshpande
April 28, 2023
in Cryptocurrency Exchange News
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Tether Operations Limited (Tether) made its official announcement regarding the fact the listing of both Euro Tether (EURT), as well as Tether Gold (XAUT) on MEXC Global, has been completed. In the case of the uninitiated, the entity Tether Operations Limited is an organization that handles the blockchain-enabled platform tether.to, which helps boost the first and most popular stablecoin.

The significance of MEXC Global is that it is a centralized exchange having more than five million active users and operating in over seventy countries around the globe. MEXC Global is an organization that was officially established in the year 2018. It makes provision for a highly functioning trading engine that has been created by developers who are experts in the field of banking technology.

The entity takes an immense amount of pride in the fact that it is able to provide users with highly effective, as well as greater performing trading-related experience, as compared to a whole lot of other exchanges. It is possible to carry out 1.4 million transactions every second. The entity has its clusters in places like Korea as well as Singapore. 

However, as far as all the connected users of MEXC Global are concerned, it will now be made possible for them to get connected with two stablecoins from the creators of USDT. This is indeed the very first stable, as well as dependable, stablecoin globally.

In the present situation, the MEXC Global customers will have direct access to XAUT, through which it will be possible for them to carry out purchases and also trade for a stablecoin that stands for ownership of real-world gold. Further to that, with the deliverance of EURT on the exchange, it is the MEXC Global customers who have been able to get connected with a Euro-pegged stablecoin. 

According to the CTO of Tether, Paolo Ardoino, it will be extremely beneficial for the users of the MEXC Global exchange, as they will experience financial freedom through the effective usage of these tools. In his opinion, the entire team is excited about the listing of EURT, as well as XAUT, on MEXC Global.   

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Maxwell Mutuma

Maxwell Mutuma

Maxwell Mutuma is a crypto journalist at NameCoinNews, with over five years of experience in digital media and Web3 reporting. Since turning his focus to crypto in 2020, he has covered articles around blockchain infrastructure, DeFi protocols, exchange developments, and the broader decentralization movement. Maxwell's work is driven by a long-held conviction that decentralised technology represents a genuinely transformative force. He brings that perspective to his coverage of on-chain developments, regulatory shifts, and the global adoption of Bitcoin and digital assets.

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