Tether Brings Gold Trading On-Chain with XAUT Expansion

Tether has made significant strides in the world of tokenized commodities with the launch of its gold-backed token, XAUT, on BNB Chain. This integration brings a physically backed gold asset directly into a widely used blockchain ecosystem, allowing users to gain exposure without relying on traditional commodity infrastructure.

Each XAUT token represents one troy ounce of physical gold stored in Swiss vaults, meeting London Good Delivery standards. By integrating with BNB Chain, the token becomes accessible through wallets and decentralized applications commonly used for crypto trading, narrowing the gap between traditional safe-haven assets and onchain liquidity.