Flipster, a prominent crypto derivatives trading platform, is set to enhance its offerings by listing Tether Gold (XAU₮), a gold-backed digital asset issued by TG Commodities Limited. This integration allows users to deposit, withdraw, and convert XAU₮, expanding their options for engaging with gold in the digital space.
Flipster CEO Yongjin Kim remarked, “Tether remains at the forefront of the stablecoin market, maintaining the highest market cap among its competitors. As blockchain technology advances, there is an increasing interest in integrating real-world assets like gold into the blockchain. Tether is ideally positioned to leverage this trend, providing products like Tether Gold that offer users exposure to gold’s value and stability.”
About Flipster
Flipster is one of the fastest-growing crypto derivatives trading platforms, known for its rapid perpetual futures listings on emerging cryptocurrencies. The platform offers a user-friendly experience with leverage up to 100x on over 250 tokens, high liquidity, and zero trading fees.
About Tether
Tether is a pioneer in stablecoin technology, aiming to transform the global financial landscape with secure and efficient financial infrastructure. Its mission includes enhancing financial inclusion, promoting economic growth, and bridging traditional finance with decentralized finance through its industry-leading stablecoin.
About Tether Gold (XAU₮)
Tether Gold, offered by TG Commodities Limited, is a digital asset where each USD₮ token represents one fine ounce of gold from a London Good Delivery bar. Available as an ERC-20 token on the Ethereum blockchain, XAU₮ facilitates easy global trading and transfers. Each token is linked to physical gold, identifiable by unique serial numbers, purity, and weight, and is redeemable as physical gold.
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