$XAUt
-2.04%
🚨 CMC News: XAUt0 Launches Omnichain Gold Token on TON Network Tether has unveiled XAUt0, the omnichain version of its gold-backed stablecoin $XAUt, with first deployment on TON Network. The token enables seamless movement across blockchains using LayerZero's Omnichain Fungible Token standard. XAUt0 maintains 1:1 backing through 7.7 tons of London Bullion Market Association-certified gold in Swiss vaults. Unlike traditional gold ETFs offering only price exposure, XAUt0 provides direct ownership with 24/7 access and physical redemption options. The omnichain deployment opens new DeFi possibilities, including multichain lending and gold-FX arbitrage strategies. The current $XAUt market cap stands at $770 million with independently verified reserves following ISAE 3000 standards.
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