Tether Gold Earns Shariah Compliance Certification
Tether Gold has obtained Shariah compliance certification, marking a new threshold for XAU₮.
Each XAU₮ token represents a physical gold bar stored in Switzerland, weighing one troy ounce.
The Abu Dhabi Global Market's (ADGM) spot commodity acceptance on July 20 expanded the product's corporate use cases.
Tether has announced that digital gold access has expanded through $XAU₮ under Islamic finance rules.