Alchemy Pay Now Supports Tether Gold (XAUt)

Alchemy Pay
3 min readAug 14, 2024

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Alchemy Pay, a world-leading crypto payment solution provider, has listed Tether Gold (XAUt) issued by TG Commodities Limited (https://gold.tether.to/), the largest company in the digital asset industry.

Users can now buy and sell XAUt through Alchemy Pay’s ramp platform. Its robust fiat on-ramp and crypto off-ramp capabilities allow users to buy and sell XAUt using over 50 fiat currencies supported across 173 countries, providing unparalleled flexibility and ease of access. Payment methods include credit/debit cards, local mobile wallets, and domestic bank transfers.

XAUt is a digital token backed by physical gold, with each token representing ownership of one troy ounce of gold on a physical bar of gold that meets the London Good Delivery quality assurance requirements. Its features — easy transport, divisibility, 24/7 trading, redeemability, storage, and traceability — make it an ideal asset for crypto users.

The introduction of XAUt on Alchemy Pay facilitates seamless user onboarding through familiar payment methods, allowing a smooth and secure crypto user experience. This listing broadens XAUt’s access to new users, boosting activity and liquidity.

About Tether and USD₮

Tether is a pioneer in stablecoin technology, driven to revolutionize the global financial landscape. Its mission is to provide accessible, secure, and efficient financial, communication, and energy infrastructure. Tether enables greater financial inclusion and communication resilience, fosters economic growth, and empowers individuals and businesses.

As the creator of the industry’s largest, most transparent, and liquid stablecoin, Tether is dedicated to building sustainable and resilient infrastructure to benefit underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.

About Tether Gold (XAU₮)

Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full XAU₮ token represents one troy fine ounce of gold on a London Good Delivery bar. XAU₮ is available as an ERC-20 token on the Ethereum blockchain. The token can be traded or moved easily at any time, anywhere in the world, and can be transferred to any on-chain address from the purchaser’s Tether wallet where it is issued after purchase. The allocated gold is identifiable with a unique serial number, purity, and weight and is redeemable in the form of physical gold.

Important Note:

This press announcement is not an offer to sell or the solicitation of an offer to buy Tether Gold (XAU₮). TG Commodities Limited will only sell or redeem XAU₮ pursuant to its gold token terms of sale and service available (as of the date of this press release) at gold.tether.to/legal.

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Try Alchemy Pay’s On & Off-Ramp to buy and sell crypto and local fiat currencies today https://ramp.alchemypay.org/

On & Off-Ramp Enquiries

Developers of Web3 platforms and dApps with interest in integrating Alchemy Pay’s ramp solution can contact via the website https://alchemypay.org/contact

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Alchemy Pay

Alchemy Pay (ACH) bridges fiat and crypto global economies through a real-world payment system and mainstream-friendly access to web3 services. Alchemypay.org