Gold-Backed XAUt0 Launches on TON

Tether Launches XAUt0 Gold-Backed Token on TON Blockchain

• Tether has introduced XAUt0, an omnichain gold-backed stablecoin.
• The token is now available on The Open Network (TON) blockchain.
• This launch aims to improve the mobility of gold tokens across blockchains.
• The initiative supports the growing demand for digital commodities.

Tether’s release of the XAUt0 token on the TON blockchain marks a significant step in enhancing cross-blockchain gold token mobility, catering to the increasing interest in digital commodities.