Tether, the leading company in the digital asset space, has teamed up with CoinW, a global cryptocurrency exchange, to launch "Tether’s Ark." The initiative aims to create a more stable framework for digital asset values by anchoring them to real-world assets. The first phase focuses on XAUT (Tether Gold), offering users a way to protect their assets from market volatility while earning additional yield. Users can lock USDT and XAUT into flexible or fixed-term products, with yields paid in XAUT. The program has a total size of 5 million USDT and a personal cap of 100,000 USDT.
The partnership extends beyond XAUT, with plans to integrate more mainstream crypto assets in the future. CoinW is also expanding its product suite by introducing TradFi offerings, allowing users to trade stocks, gold, crude oil, and other commodities as perpetual contracts alongside crypto. Additionally, CoinW has launched a Smart Money On-chain Copy-trading feature, which tracks top-performing wallets and traders in real time without profit-sharing fees.
CoinW Coin (CWC) serves as the utility token for the platform, connecting users to various perks, trading activities, and ecosystem services. The exchange has also strengthened user protections with a Futures Insurance Fund, allocating 500,000 USDT per period to cushion the impact of liquidations. Security remains a priority, with CoinW boasting nine years without a major security incident and a CER.live AAA rating.
"Crypto's next leap into the mainstream won't come down to technology alone," said Yoka, Chief Communications Officer at CoinW. "It comes down to whether we can get three things right: building open, collaborative ecosystems; turning complex values into products that feel simple and intuitive; and protecting every asset, every transaction, and every user's privacy with infrastructure people can trust."