Tether Gold (XAUt) officially launches on BNB Chain, accelerating the on-chain gold era

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Deep Tide TechFlow message, March 30, Tether’s tokenized gold product Tether Gold (XAUt) was officially launched on March 26 on BNB Chain, directly bringing physical gold assets into the on-chain ecosystem. Each XAUt token corresponds to one troy ounce of physical gold, backed 1:1 by London Good Delivery gold bars stored in a Swiss vault, with total reserves of about 1,800 bars and over 22,100 kilograms, and with publicly available proof of reserves.

The significance of this launch is that users don’t need to go through the custody, storage, premium, and cumbersome settlement processes required by traditional gold investing. They can obtain direct physical gold exposure within the BNB Chain ecosystem and seamlessly integrate it with trading, DeFi, and other on-chain activities, without moving funds off-chain. For developers, XAUt provides an asset whose correlation with the crypto market is relatively low, helping enable a more balanced product design. In addition, Tether enables liquidity interoperability for XAUt across more than 12 blockchains through the USDt0 cross-chain network, further improving issuance, transfer, and settlement efficiency.

Tether CEO Paolo Ardoino said this move is intended to bring gold into the modern digital finance system, giving it the ability for instant settlement and global circulation.

This integration also further strengthens BNB Chain’s leading advantage in the real-world assets (RWA) track. Currently, BNB Chain’s RWA distributed asset size is about $3.2 billion, ranking as the world’s second-largest RWA public chain. It has more than 41,000 holders, and net inflows over the past 30 days are approximately $845 million. These figures reflect real usage—assets are being held, traded, and deeply integrated across the entire ecosystem, rather than remaining idle after issuance.

The addition of XAUt marks a new phase for RWAs, as they shift from “issued to be stored” to truly usable, composable on-chain assets.

XAUT0.71%
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