{"id":9072,"date":"2024-06-05T15:37:35","date_gmt":"2024-06-05T15:37:35","guid":{"rendered":"https:\/\/www.cryptometer.io\/news\/?p=9072"},"modified":"2024-06-05T15:37:38","modified_gmt":"2024-06-05T15:37:38","slug":"tethers-strategic-investment-and-launch-of-xau1-stablecoin","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/","title":{"rendered":"Tether’s Strategic Investment and Launch of XAU1 Stablecoin"},"content":{"rendered":"\n

Tether, the company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin, XAU1. This initiative aims to enhance cross-border business-to-business (B2B) payments and innovate regulatory technology within the digital asset industry.<\/p>\n\n\n\n

Strategic Investment in XREX Group<\/h2>\n\n\n\n

Tether\u2019s investment in XREX Group is set to improve regulatory-compliant, Tether-based cross-border B2B payments. The collaboration promises increased efficiency and reduced costs for businesses engaged in international transactions.<\/p>\n\n\n\n

Cross-Border Payments<\/h3>\n\n\n\n

According to Paolo Ardoino, CEO of Tether, this partnership will lead to several innovative initiatives. These include the launch of a unitized stablecoin by the Unitas Foundation and the facilitation of USDT-based cross-border payments. Ardoino stated:<\/p>\n\n\n\n

\u201cOur collaboration with XREX will spearhead several ground-breaking initiatives, including the launch of a unique new unitized stablecoin by the Unitas Foundation and the facilitation of USDT-based cross-border payments, setting a new standard for financial accessibility and efficiency in the region.\u201d<\/p>\n\n\n\n

Launch of XAU1 Stablecoin<\/h2>\n\n\n\n

Alongside the investment, Tether and XREX will introduce XAU1, a United States dollar-pegged unitized stablecoin over-reserved with Tether Gold (XAUt). This new stablecoin aims to provide a stable alternative and a hedge against inflation.<\/p>\n\n\n\n

Significance of XAU1<\/h3>\n\n\n\n

Wayne Huang, CEO of XREX Group, emphasized the importance of XAU1, noting:<\/p>\n\n\n\n

\u201cWith Tether\u2019s strong support and investment, we\u2019re expanding this success into a RegTech product line that further refines XREX Group as a responsible financial institution.\u201d<\/p>\n\n\n\n

Also Read: Tether Invests $200M in Blackrock Neurotech for Medical Advancement<\/a><\/p>\n\n\n\n

Market Implications and Regulatory Landscape<\/h2>\n\n\n\n

Despite the promise of stablecoins, market dynamics, manipulations, and fluctuations expose vulnerabilities in their stability. The upcoming Markets in Crypto-Assets Regulation (MiCA) rules are set to bring regulatory clarity to the stablecoin market, impacting how exchanges like Binance operate.<\/p>\n\n\n\n

Exchanges are preparing to transition users from unauthorized stablecoins to regulated equivalents. Binance’s “sell-only” strategy for unauthorized stablecoins reflects a cautious approach in light of the ongoing regulatory overhaul.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tether, the company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin, XAU1. This initiative aims to enhance cross-border business-to-business (B2B) payments and innovate regulatory technology within the digital asset industry. Strategic Investment in XREX Group Tether\u2019s investment in XREX Group is […]<\/p>\n","protected":false},"author":6,"featured_media":3533,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[259,43],"tags":[],"class_list":{"0":"post-9072","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-altcoins","8":"category-general-news"},"acf":[],"yoast_head":"\nTether's Strategic Investment and Launch of XAU1 Stablecoin<\/title>\n<meta name=\"description\" content=\"Tether, the company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tether's Strategic Investment and Launch of XAU1 Stablecoin\" \/>\n<meta property=\"og:description\" content=\"Tether, the company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoMeter.io\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-05T15:37:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-05T15:37:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adam L\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoMeterIO\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adam L\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/\"},\"author\":{\"name\":\"Adam L\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/d05d4ef65ae9752036cc2b5e044592f9\"},\"headline\":\"Tether’s Strategic Investment and Launch of XAU1 Stablecoin\",\"datePublished\":\"2024-06-05T15:37:35+00:00\",\"dateModified\":\"2024-06-05T15:37:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/\"},\"wordCount\":332,\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg\",\"articleSection\":[\"Altcoins\",\"General News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/\",\"url\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/\",\"name\":\"Tether's Strategic Investment and Launch of XAU1 Stablecoin\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg\",\"datePublished\":\"2024-06-05T15:37:35+00:00\",\"dateModified\":\"2024-06-05T15:37:38+00:00\",\"description\":\"Tether, the company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin,\",\"breadcrumb\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#primaryimage\",\"url\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg\",\"contentUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg\",\"width\":800,\"height\":450,\"caption\":\"Tether,Usdt\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.cryptometer.io\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tether’s Strategic Investment and Launch of XAU1 Stablecoin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#website\",\"url\":\"https:\/\/www.cryptometer.io\/news\/\",\"name\":\"CryptoMeter.io\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\"},\"alternateName\":\"CryptoMeter.io\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#organization\",\"name\":\"CryptoMeter.io\",\"url\":\"https:\/\/www.cryptometer.io\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1\",\"width\":512,\"height\":512,\"caption\":\"CryptoMeter.io\"},\"image\":{\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/CryptoMeterIO\"],\"publishingPrinciples\":\"https:\/\/www.cryptometer.io\/news\/about-us\/\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/d05d4ef65ae9752036cc2b5e044592f9\",\"name\":\"Adam L\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-3-96x96.png\",\"url\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-3-96x96.png\",\"contentUrl\":\"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-3-96x96.png\",\"caption\":\"Adam L\"},\"description\":\"In the world of blockchain and cryptocurrencies, I have a great deal of passion and interest. My interest in blockchain and cryptocurrencies has led me to explore these technologies in greater depth, as I am interested in the potential implications they could have on the global economy.\",\"url\":\"https:\/\/www.cryptometer.io\/news\/author\/adam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Tether's Strategic Investment and Launch of XAU1 Stablecoin","description":"Tether, the company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/","og_locale":"en_US","og_type":"article","og_title":"Tether's Strategic Investment and Launch of XAU1 Stablecoin","og_description":"Tether, the company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin,","og_url":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/","og_site_name":"CryptoMeter.io","article_published_time":"2024-06-05T15:37:35+00:00","article_modified_time":"2024-06-05T15:37:38+00:00","og_image":[{"width":800,"height":450,"url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg","type":"image\/jpeg"}],"author":"Adam L","twitter_card":"summary_large_image","twitter_creator":"@CryptoMeterIO","twitter_site":"@CryptoMeterIO","twitter_misc":{"Written by":"Adam L","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#article","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/"},"author":{"name":"Adam L","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/d05d4ef65ae9752036cc2b5e044592f9"},"headline":"Tether’s Strategic Investment and Launch of XAU1 Stablecoin","datePublished":"2024-06-05T15:37:35+00:00","dateModified":"2024-06-05T15:37:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/"},"wordCount":332,"publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg","articleSection":["Altcoins","General News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/","url":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/","name":"Tether's Strategic Investment and Launch of XAU1 Stablecoin","isPartOf":{"@id":"https:\/\/www.cryptometer.io\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#primaryimage"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg","datePublished":"2024-06-05T15:37:35+00:00","dateModified":"2024-06-05T15:37:38+00:00","description":"Tether, the company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin,","breadcrumb":{"@id":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#primaryimage","url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg","contentUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg","width":800,"height":450,"caption":"Tether,Usdt"},{"@type":"BreadcrumbList","@id":"https:\/\/www.cryptometer.io\/news\/tethers-strategic-investment-and-launch-of-xau1-stablecoin\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cryptometer.io\/news\/"},{"@type":"ListItem","position":2,"name":"Tether’s Strategic Investment and Launch of XAU1 Stablecoin"}]},{"@type":"WebSite","@id":"https:\/\/www.cryptometer.io\/news\/#website","url":"https:\/\/www.cryptometer.io\/news\/","name":"CryptoMeter.io","description":"","publisher":{"@id":"https:\/\/www.cryptometer.io\/news\/#organization"},"alternateName":"CryptoMeter.io","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cryptometer.io\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.cryptometer.io\/news\/#organization","name":"CryptoMeter.io","url":"https:\/\/www.cryptometer.io\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.cryptometer.io\/news\/wp-content\/uploads\/2023\/01\/cropped-favicon_large.png?fit=512%2C512&ssl=1","width":512,"height":512,"caption":"CryptoMeter.io"},"image":{"@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/CryptoMeterIO"],"publishingPrinciples":"https:\/\/www.cryptometer.io\/news\/about-us\/"},{"@type":"Person","@id":"https:\/\/www.cryptometer.io\/news\/#\/schema\/person\/d05d4ef65ae9752036cc2b5e044592f9","name":"Adam L","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-3-96x96.png","url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-3-96x96.png","contentUrl":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/04\/cropped-3-96x96.png","caption":"Adam L"},"description":"In the world of blockchain and cryptocurrencies, I have a great deal of passion and interest. My interest in blockchain and cryptocurrencies has led me to explore these technologies in greater depth, as I am interested in the potential implications they could have on the global economy.","url":"https:\/\/www.cryptometer.io\/news\/author\/adam\/"}]}},"jetpack_featured_media_url":"https:\/\/www.cryptometer.io\/news\/wp-content\/uploads\/2024\/03\/Tether-Usdt.jpg","_links":{"self":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/9072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/comments?post=9072"}],"version-history":[{"count":2,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/9072\/revisions"}],"predecessor-version":[{"id":9076,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/posts\/9072\/revisions\/9076"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media\/3533"}],"wp:attachment":[{"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/media?parent=9072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/categories?post=9072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptometer.io\/news\/wp-json\/wp\/v2\/tags?post=9072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}