Tether Expands Multi-Chain Footprint with Gold-Backed Token on BNB Chain

Tether has expanded its presence on the BNB Chain by launching its gold-backed token XAUt, further integrating physical bullion into the on-chain financial system.

XAUt is backed by 1:1 physical gold stored in Swiss vaults, with over 22,100 kilograms of gold currently held in reserve. The token allows holders to gain exposure to gold without traditional custody or logistics, offering a new risk profile and added flexibility for traders and treasurers.

The BNB Chain now hosts around $3.2 billion in real-world assets, making it one of the largest RWA blockchains globally. With XAUt's launch, the network solidifies its position as a core venue for tokenized commodities and treasuries.