Tether Launches Omnichain Gold Stablecoin on TON
- Tether has introduced XAUt0, a gold-backed token issued on The Open Network blockchain, enabling users to hold and trade gold assets through blockchain technology.
- This launch followed Tether’s partnership with the TON Foundation and adoption of LayerZero’s Omnichain Fungible Token standard for cross-chain transfers.
- XAUt0 integrates with Telegram’s native wallet, allowing over 1 billion users to buy, hold, and use tokenized gold seamlessly on TON.
- Each XAUt0 token is backed by one troy ounce of LBMA-certified gold physically held by Tether, while the non-omnichain XAUt token leads the market among gold stablecoins with a capitalization exceeding $832 million.
- The launch expands TON’s ecosystem amid rising gold prices and increased demand for inflation-resistant digital assets backed by physical gold.
17 Articles
17 Articles
Tether Launches Omnichain Gold Stablecoin on TON
Stablecoin giant Tether has partnered with the TON Foundation to debut an omnichain version of its gold-backed stablecoin, XAUt, on The Open Network (TON). The new token, XAUt0, leverages LayerZero’s omnichain fungible token standard, enabling direct transfers of the gold-backed asset across multiple blockchains without the need for wrapping or intermediary chains. Each XAUt0 token represents one troy ounce of gold, certified by the London Bulli…
Hotcoin Partners with ZetaChain to Deliver Next-Gen Blockchain Interoperability Solutions and Omnichain Smart Contracts
To promote cross-chain efficiency and expedite blockchain interoperability solutions, Hotcoin and ZetaChain have formally joined. The goal of this partnership is to streamline the transfer of assets and data between blockchains. The goals of both systems are the same: to provide a decentralized, safe, and intuitive architecture. This partnership allows for smooth on-chain experiences due to Hotcoin’s active user base and ZetaChain’s omnichain sm…
Tether Expands Gold Token Reach with XAUt0 on TON
Tether has introduced XAUt0, a gold-backed omnichain token, on The Open Network (TON), aiming to strengthen digital commodity offerings and enhance cross-chain interoperability. This initiative is seen as a timely response to growing global interest in tokenized gold and marks a strategic advancement for both Tether and the TON blockchain. XAUt0 is powered by LayerZero’s Omnichain Fungible Token (OFT) standard, enabling the asset to move seamles…
Tether Brings Gold-Backed Omnichain Token XAUt0 to TON Blockchain - Coin Surges
Tether has launched XAUt0, an omnichain version of its gold-backed token, on the TON blockchain. This strategic move enhances gold token mobility across blockchains and strengthens TON’s ecosystem amid surging demand for digital commodities. Tether Brings Gold-Backed Stablecoin to Telegram’s Blockchain Tether has rolled out XAUt0, an omnichain gold-backed stablecoin, on The Open Network (TON), […] Read Entire Article The post Tether Brings Gold-…
Tether Brings Gold-Backed Omnichain Token XAUt0 to TON Blockchain – Crypto News Bitcoin News
Tether has launched XAUt0, an omnichain version of its gold-backed token, on the TON blockchain. This strategic move enhances gold token mobility across blockchains and strengthens TON’s ecosystem amid surging demand for digital commodities. Tether Brings Gold-Backed Stablecoin to Telegram’s Blockchain Tether has rolled out XAUt0, an omnichain gold-backed stablecoin, on The Open Network (TON), […]
Tether Releases Omnichain Version of Tether Gold Stablecoin
Tether introduced an omnichain version of its gold-backed stablecoin, Tether Gold (XAUt). The initiative aims to ensure full compatibility with multichain infrastructure and expand the asset’s functionality in the DeFi... Сообщение Tether Launches Omnichain Version of Tether Gold Stablecoin появились сначала на CoinsPaid Media.
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