Tether Gold's groundbreaking token, XAU₮, has landed on BNB Chain, marking a significant milestone for the gold-backed stablecoin market. With its listing on BNB Chain, users of one of the largest crypto trading networks now have access to the tokenised gold product.
The growth of the gold-backed stablecoin market is undeniable, having grown from approximately $1.3 billion in value to over $4 billion in 2025. XAU₮ accounts for about 60% of the total supply in this market, according to Tether. The listing on BNB Chain is expected to further accelerate this growth.
Tokenised gold products like XAU₮ have gained popularity among investors seeking exposure to gold without the complications associated with traditional physical bullion purchases. These digital assets offer instant trading, global settlement, and seamless integration with digital markets, making them an attractive option for those looking to diversify their portfolios.