Guavy AI Editorial TeamSentiment: 3Clout: 82

Conflux Network Launches Omnichain Tokenized Gold

The Conflux Network has expanded its offerings by launching XAUt0, an omnichain deployment of Tether Gold (XAUT). This new asset allows users to access tokenized gold across supported blockchains, enabling seamless value movement within the ecosystem.

XAUt0 uses LayerZero's Omnichain Fungible Token (OFT) standard, allowing balances to move seamlessly across supported blockchains without relying on wrapped tokens or fragmented liquidity pools. Each XAUt0 token maintains the same exposure to physical gold as XAUT while enabling transfers between chains.

The launch of XAUt0 aligns with Conflux's position as a bridge between Asian markets and global blockchain infrastructure. As the only public, permissionless blockchain with regulatory approval for use in China, Conflux plays a unique role connecting regional financial innovation with the broader on-chain economy.