Hassan Maishera
The Alchemy Pay team announced via a Medium post on Wednesday that it has listed Tether Gold (XAUt) issued by TG Commodities Limited, the largest company in the digital asset industry.
Thanks to this listing, 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. 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.
Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments using fiat, stablecoins, and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is down 4% in the last 24 hours and currently trades at $0.01838.
