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.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Share
Coinstats2025/09/17 23:42