Tether Gold (XAU?) Expands Reach with Mobee Listing in Indonesia

Tether Gold (XAU?), the tokenized gold offering by Tether, has been officially listed on Mobee, a digital asset exchange in Indonesia, according to Tether. This strategic move significantly broadens the availability of tokenized gold in Southeast Asia, providing Indonesian investors with enhanced access to gold through blockchain technology.

Enhanced Gold Investment Opportunities

Each XAU? token represents ownership of one troy fine ounce (31.1 grams) of physical gold, stored securely in Swiss vaults. The token leverages blockchain technology to offer round-the-clock trading, low-cost transfers, and fractional ownership. This innovation aims to overcome traditional barriers to gold investment, enhancing transparency and security for users.

Accessibility and Features

Mobee has become one of the first regulated Indonesian platforms to offer digital access to gold with minimal investment thresholds. Users can begin investing with as little as IDR 20,000, thanks to XAU?’s high divisibility. The platform also supports recurring purchases through its Auto Invest feature and offers up to 0.5% APR via its ‘Flexi Earn’ plan, making gold investment accessible and rewarding for long-term holders.

Market Potential and Strategic Importance

Indonesia is recognized as a burgeoning market for digital asset usage, driven by a mobile-first and financially savvy population. The integration of gold-backed digital assets into licensed platforms like Mobee highlights the country’s forward-thinking approach to financial innovation and stability. XAU? provides real-time ownership verification and 24/7 liquidity, reinforcing Tether’s commitment to global financial empowerment.

Industry Insights

Paolo Ardoino, CEO of Tether, emphasized the company’s vision of democratizing access to gold, traditionally considered a reserve for the elite. By offering a secure, low-cost, and highly liquid way to hold gold, Tether aims to diversify digital portfolios and preserve value amid economic uncertainty. Andrew Tjahyadikarta, CEO of Mobee Digital, expressed excitement over the listing, noting that XAU? provides a more accessible and transparent investment experience compared to traditional gold options.

As global investors seek stability in an unpredictable economic landscape, XAU? continues to gain traction as a digital alternative, aligning with Tether’s broader mission to promote financial inclusion and the use of verifiably backed digital assets.

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