Deep Dive
1. Omnichain Launch on TON (June 2025)
Overview: Tether launched XAUt0, an omnichain version of its gold-backed token, first on The Open Network (TON). This allows the token representing physical gold to move seamlessly between different blockchains without needing bridges.
Built using LayerZero's Omnichain Fungible Token (OFT) standard, XAUt0 solves the problem of liquidity being stuck on a single chain. Each XAUt0 token is backed 1:1 by an XAUt token on Ethereum, which itself represents one troy ounce of LBMA-standard gold in a Swiss vault. The integration with TON's Wallet in Telegram makes tokenized gold instantly accessible to hundreds of millions of users.
What this means: This is bullish for XAUt because it makes the asset much more useful and accessible. Users can now easily move their digital gold between ecosystems to find the best trading or lending opportunities, which should increase overall demand and liquidity.
(CoinMarketCap)
2. Shariah Compliance Certification (July 2026)
Overview: Tether Gold received a Shariah compliance certification from Amanah Advisors, a leading Islamic finance advisory firm. This certification confirms that XAUt's structure—fully backed by physical gold, avoiding interest (riba), and maintaining transparency—adheres to core Islamic finance principles.
What this means: This is bullish for XAUt because it opens the token to a vast, previously untapped market of Islamic investors managing trillions of dollars in assets. It strengthens XAUt's legitimacy as a compliant, ethical store of value within global finance.
(DongPham)
3. Ecosystem and Exchange Growth (2025–2026)
Overview: Throughout 2025 and 2026, XAUt saw continuous growth in its ecosystem through new exchange listings and integration into financial platforms. Notable additions include Nexo, Crypto.com, Yield, and the HashKey Earn marketplace for professional investors.
What this means: This is bullish for XAUt because every new listing increases its utility and reduces friction for investors. Being available on platforms that offer earning, spending, and borrowing services transforms XAUt from a simple holding asset into a productive financial tool.
(Nexo)
Conclusion
Tether Gold's development trajectory is focused on interoperability and regulatory inclusivity, transforming physical gold into a versatile, multi-chain digital asset. Will its omnichain functionality become the standard for other tokenized commodities?