{"id":20385,"date":"2025-05-13T09:31:45","date_gmt":"2025-05-13T09:31:45","guid":{"rendered":"https:\/\/gold.creditcard\/tether-gold-enters-thailand-with-listing-on-maxbit-exchange\/"},"modified":"2025-05-13T09:31:45","modified_gmt":"2025-05-13T09:31:45","slug":"tether-gold-enters-thailand-with-listing-on-maxbit-exchange","status":"publish","type":"post","link":"https:\/\/gold.creditcard\/es\/tether-gold-enters-thailand-with-listing-on-maxbit-exchange\/","title":{"rendered":"Tether Gold enters Thailand with listing on Maxbit exchange"},"content":{"rendered":"

Tether, issuer of the world\u2019s largest stablecoin, USDt, is rolling out its tokenized gold digital asset in Thailand with a listing on local cryptocurrency exchange Maxbit.<\/p>\n

In a May 13 announcement<\/a>, Tether said its gold-backed token, Tether Gold (XAUt), has been listed on Thai exchange Maxbit.<\/p>\n

According<\/a> to an X announcement by Maxbit, the platform is the first in Thailand to offer a \u201ctokenized gold pair backed by physical gold.\u201d<\/p>\n

Launched in January 2020, Tether Gold is a gold-backed digital asset<\/a> with a market cap of $802 million, with each XAUt representing ownership of one troy ounce of gold.<\/p>\n

Thailand greenlighted stablecoins like Tether USDt in March<\/h2>\n

Tether Gold\u2019s entrance in the Thai cryptocurrency market follows other notable stablecoin-related regulatory developments in the country.<\/p>\n

In March, the Thai Securities and Exchange Commission approved US dollar-backed stablecoins<\/a> such as Tether\u2019s USDt (USDT<\/a>) and Circle\u2019s USDC (USDC<\/a>) for cryptocurrency trades, allowing the stablecoins to be listed on regulated exchanges across Thailand.<\/p>\n

Major Maxbit shareholders. Source: Thai SEC<\/em><\/p>\n

Launched in October 2023, Maxbit is a licensed digital asset exchange based in Thailand, operating under the oversight of the Thai SEC.<\/p>\n

According<\/a> to official SEC records, Thai energy conglomerate PTG Energy is the largest shareholder of Maxbit, with a 35% stake in the firm. Other Maxbit backers include two local private firms, Spearhead Labs and Unit Company, holding 29% and 28.7% in the digital asset business.<\/p>\n

This is a developing story, and further information will be added as it becomes available.<\/p>\n

Magazine: <\/strong><\/em>Finally blast into space with Justin Sun, Vietnam\u2019s new national blockchain: Asia Express<\/strong><\/em><\/a><\/p>","protected":false},"excerpt":{"rendered":"

Tether, issuer of the world\u2019s largest stablecoin, USDt, is rolling out its tokenized gold digital asset in Thailand with a listing on local cryptocurrency exchange Maxbit. In a May 13 announcement, Tether said its gold-backed token, Tether Gold (XAUt), has been listed on Thai exchange Maxbit. According to an X announcement by Maxbit, the platform […]<\/p>","protected":false},"author":0,"featured_media":20386,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[9],"tags":[],"class_list":["post-20385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-finance"],"_links":{"self":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/posts\/20385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/comments?post=20385"}],"version-history":[{"count":0,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/posts\/20385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/media\/20386"}],"wp:attachment":[{"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/media?parent=20385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/categories?post=20385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gold.creditcard\/es\/wp-json\/wp\/v2\/tags?post=20385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}