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Tether has unveiled an omnichain variant of its gold-backed stablecoin, Tether Gold (XAUt). This initiative is designed to guarantee complete compatibility with multichain infrastructure and enhance the asset’s utility within the DeFi ecosystem.
The development team at Tether, the issuer of the largest stablecoin by market capitalization, USDT, has announced the introduction of XAUt₀. This is an omnichain iteration of the Tether Gold stablecoin. The new token offers the same physical gold backing assurances as XAUt while incorporating native cross-chain transfer functionalities.
This new asset greatly expands the applications of Tether Gold by allowing full compatibility with prominent blockchain networks without the need for wrapped tokens. In contrast to the original XAUt, which is confined to the Ethereum blockchain, XAUt₀ functions within an omnichain framework. By utilizing an Atomic Mint-and-Burn mechanism, assets can be transferred between chains without incurring liquidity loss, thereby improving their effectiveness in DeFi applications.
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XAUt₀ will adhere to the Omnichain Fungible Token (OFT) standard established by LayerZero. The initial launch of XAUt₀ will occur on the TON blockchain, providing millions of Telegram users with access to digital gold. In addition to 24/7 availability and fractional trading, XAUt₀ maintains the option for physical gold redemption and facilitates use in multichain lending and arbitrage—capabilities not present in the original XAUt.
Tether Gold (XAUt) ranks among the largest real-asset tokenization initiatives, with tokens supported by 7.7 tons of physical gold in circulation, as reported in Tether’s Q1 2025 report. As of June 3, 2025, the asset’s total market capitalization is recorded at $829 million, according to CoinGecko data.
The introduction of XAUt₀ signifies a further advancement in Tether’s next-generation stablecoin offerings. Recently, the company also revealed USDT₀, an omnichain version of USDT aimed at facilitating seamless cross-chain liquidity, and launched a synthetic dollar stablecoin, aUSDT, which is backed by tokenized gold.
Сообщение Tether Launches Omnichain Version of Tether Gold Stablecoin появились сначала на CoinsPaid Media.
