UQUID has now enabled Thai users to convert digital gold into physical gold in order to support the traditional savings habits with secure Web3 access.UQUID has now enabled Thai users to convert digital gold into physical gold in order to support the traditional savings habits with secure Web3 access.

UQUID Rewards Users to Redeem Digital Gold ($XAUT) for Real Physical Gold

2025/12/11 21:00
gold-bar-dollars

In Southeast Asia, South Asia, Parts of Africa, LATAM, and especially in Thailand’s areas like Phayao and Chiang Rai, physical gold is not only a sign of wealth, but it is also a form of security. And UQUID, a leading Web3 shopping infrastructure, is transforming this idea into practical. The main purpose of this step is that UQUID rewards users with tokenized gold ($XAUT), and for the first time, users in emerging markets can redeem digital gold for real physical gold, a meaningful, secure asset.

Uquid gives out XAUt, and it’s completely up to the users what they want to do with it, whether they prefer to HODL or sell it to meet their own needs. The primary purpose of this strategic step is to drive innovation by enabling users to convert digital gold into physical gold.

UQUID brings this innovation by observing the behavior and psyche of northern Thailand. Specifically, that’s why UQUID is keen to think about the solution for the Thai people. Even digital gold ($XAUT) is considered to be a secure gold. UQUID has released this news through its official X account.

UQUID Bridges Digital Gold to Real Gold for Thailand’s Traditional Gold-Loving Culture

UQUID flashbacks to the traditional scenario, where physical gold was considered as an easy, accessible asset and could be liquidated in times of emergencies. So, UQUID is going to solve the problem of Thai people by making a conversion system for getting physical gold via tether gold ($XAUT). Physical gold retains its legacy over the past decade, because it can be used at any place and time all over the world in the market for selling or purchasing, which can sort out the problem of users at the spot.

These physical gold holders make it easy to sell the gold in an emergency or buy something like gold rings or necklaces. Moreover, the UQUID rewarding innovative system of $XAUT for USDT purchases, provides users the freedom of holding, investing, or redeeming it for physical gold. Thailand is a prominent example of this innovative step for USDT holders.

Physical gold holders think that it is a more secure way to save the assets rather than in banks and can be usable at time and from any place. This is the world where Tyla grew up. She never hoped to earn gold in any form beyond the small, tiny pieces her family sometimes bought for temple donations. It means people living in Thailand give much more importance to gold than to any other assets.

They use the physical gold in their event decorations or other ceremonies, rather than every tiny piece of gold passed down to generations. At this, she explained UQUID in an interview that “Gold was always around us, but owning it wasn’t something I ever expected for myself. It was just expensive, out of reach.”

Helping Thai Workers Turn Everyday Earnings into Gold

In Thailand, people working in different fields like vendors, delivery workers, freelancers, and small shop owners, save every penny of their income to buy gold, but it is much difficult for them. UQUID’s new $XAUT reward enables people to convert it into physical gold at any place not only restricted to Thailand rather, in the entire world. In Thailand, saving physical gold is considered long-term savings, specifically outside of the crowded city centers.

Thai people who belong to different sectors are always in an effort to save their pensions or collective money for buying physical gold, even though their digital gold, for a reliable and trusted value asset available during uncertain times. In the past few years, across parts of Thailand and Southeast Asia in general, US dollar-pegged stablecoins like USDT have speedily grown as tools for remittance and everyday transactions. Where local currencies are easily volatile or have restricted access to dollars.

UQUID Transforms Stablecoin Savings into Secure Gold Assets for Thai Users

Tyla expressed his view; she said, “When my cousin working abroad started sending part of his salary in USDT instead of local currency, the value didn’t disappear so quickly.”

After watching the banner of UQUID, a Web3 shopping platform, which offers a simple wallet app that can convert USDT into other cryptocurrencies and is also usable for buying different products. In this way, gradually she noticed the redemption of $XAUT into a 1-gram Physical gold bar via a bullion provider.

After that, she realized a sense of satisfaction for having physical gold, which is a symbol of a secure asset. As UQUID resumes experimenting with tokenized gold rewards and other RWA-based incentives, stories like Tyla’s help anchor innovation in real lives and real contexts. This system will unlock the ways for the conversion of other RWA into physical gold, providing opportunity and impacting the whole market for the adoption of RWA.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

SEC issues investor guide on crypto wallets and custody risks

SEC issues investor guide on crypto wallets and custody risks

The SEC released a guide on crypto wallets and custody for investors.
Paylaş
Cryptopolitan2025/12/14 08:38
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Paylaş
BitcoinEthereumNews2025/09/18 02:21