Tether, in collaboration with its unified liquidity network USDT0 and development partner Everdawn Labs, has officially launched XAUt0, an omnichain version of its gold-backed token XAUt. This innovative token is designed to facilitate seamless transfers across multiple blockchains, providing users with interoperable access to physical gold stored in secure Swiss vaults.
What Is XAUt0?
Built on LayerZeroβs Omnichain Fungible Token standard, XAUt0 represents one troy ounce of physical gold meeting the βLondon Good Deliveryβ standards. Unlike traditional gold-tracking ETFs or synthetic instruments, XAUt0 ensures direct ownership of gold, offering investors a tangible, inflation-resistant asset that retains its intrinsic value.
Key Features of XAUt0
- Direct ownership of physical gold, not just price exposure.
- Interoperable functionality across multiple blockchain networks.
- 24/7 trading availability and fractional ownership.
- Secure storage in Swiss vaults adhering to global standards.
- Access to decentralized finance (DeFi) activities like lending and arbitrage.
Integration with The Open Network (TON)
The initial deployment of XAUt0 will take place on The Open Network (TON), a blockchain closely integrated with the popular Telegram messaging app. This integration will allow Telegramβs massive user base to access gold-backed tokens directly through the in-app Wallet feature. By leveraging the TON blockchain, Tether is making gold investment more accessible to both retail and institutional investors, enhancing liquidity within the ecosystem.
“XAUt0 brings a timeless asset into the decentralized ecosystem,” said Lorenzo R., co-founder of USDT0 and Everdawn Labs.
Bridging Traditional Assets with Blockchain Technology
The launch of XAUt0 reflects a growing trend in tokenizing real-world assets, enabling programmable and borderless access to traditional stores of value like gold. Tokenized gold offers unique advantages, such as digital self-custody, enhanced liquidity, and the ability to participate in DeFi protocols without compromising the security of the underlying physical reserves.
Benefits of Tokenized Gold
- Inflation-resistant investment with historical stability.
- Seamless transferability across blockchain networks.
- Combines the stability of commodities with the flexibility of digital finance.
The Future of Gold Investment
As gold trades near all-time highs, Tether is positioning XAUt0 as a modern alternative for gold investment. By integrating blockchain technology with traditional commodities, XAUt0 offers a unique opportunity for investors to diversify their portfolios while benefiting from the transparency, efficiency, and programmability of digital finance.
The launch of XAUt0 not only broadens access to gold but also aligns with the broader movement toward tokenizing real-world assets. With its omnichain compatibility and integration with platforms like TON, XAUt0 is paving the way for a more inclusive and decentralized financial ecosystem.