#XAUt0 Launches Omnichain Gold Token on #TON Network


#Tether has unveiled XAUt0, the omnichain version of its gold-backed stablecoin $XAUt, with first deployment on TON Network.


The token enables seamless movement across blockchains using LayerZero's Omnichain Fungible Token standard.


XAUt0 maintains 1:1 backing through 7.7 tons of London Bullion Market Association-certified gold in Swiss vaults.


Unlike traditional gold ETFs offering only price exposure, XAUt0 provides direct ownership with 24/7 access and physical redemption options.


The #omnichain deployment opens new #DeFi possibilities, including multichain lending and gold-FX arbitrage strategies.


The current $XAUt market cap stands at $770 million with independently verified reserves following ISAE 3000 standards.

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June 02, 2025 at 6:42 PM
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