Tether, TON Foundation Launch Omnichain Gold Stablecoin XAUt0

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Tether and TON Foundation have introduced XAUt0, an omnichain gold-backed stablecoin on The Open Network, announced on June 2, 2025. This collaboration leverages LayerZero’s Omnichain Fungible Token to facilitate seamless crosschain integration.

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Tether’s XAUt0 launch emphasizes omnichain interoperability, enhancing liquidity across blockchains. Initial market reactions suggest positive prospects for gold-backed stablecoins.

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Tether and the TON Foundation

Tether and the TON Foundation launch XAUt0 as a part of their ongoing blockchain strategy. This new omnichain token builds upon Tether’s established protocols, similar to their prior USDt expansions.

The project involves key players like Tether, known for stablecoin innovation, and the TON Foundation, focusing on expanding blockchain accessibility through this initiative.

“We are excited to announce the launch of XAUt0, which demonstrates our commitment to expanding across blockchain ecosystems with innovative solutions.”
— Paolo Ardoino, CEO, Tether

Market Response

The immediate market response to XAUt0’s launch highlights increased liquidity potential within blockchain ecosystems. Tether’s expansive strategy supports broader adoption and application of gold-backed stablecoins. Financially, XAUt0 may enhance gold token competition with Paxos’ PAXG, fostering a rapidly evolving market landscape. Advanced charting tools can provide further insights into these shifts.

Strategic Impact

This launch is expected to affect dominating financial currents, setting new precedents for stablecoin interoperability. No direct government regulatory updates were noted alongside the rollout.

Tether’s initiative might inform future gold-backed token trends, increasing gold token liquidity and market share. Similar past rollouts led to significant DeFi ecosystem growth and liquidity improvements. For up-to-date market insights, check this cryptocurrency update .