Tether Gold (XAUt) Officially Launches on BNB Chain, Accelerating the Era of On-Chain Gold

On March 30, it was officially announced that Tether’s tokenized gold product, Tether Gold (XAUt), was officially launched on BNB Chain on March 26, bringing physical gold assets directly into the on-chain ecosystem. Each XAUt token corresponds to one troy ounce of physical gold, backed 1:1 by high-quality London Good Delivery gold bars stored in Swiss vaults, with total reserves of approximately 1,800 bars, over 22,100 kilograms, and publicly available proof of reserves. This launch signifies that users can gain direct exposure to physical gold within the BNB Chain ecosystem without undergoing the custody, storage, premiums, and cumbersome settlement processes required for traditional gold investments, seamlessly integrating with trading, DeFi, and other on-chain activities without needing to transfer funds off-chain. For developers, XAUt provides an asset with lower correlation to the crypto market, aiding in the creation of more balanced product designs. Additionally, Tether has achieved liquidity interoperability for XAUt across more than 12 blockchains through its USDt0 cross-chain network, further enhancing issuance, transfer, and settlement efficiency. Tether CEO Paolo Ardoino stated that this initiative aims to integrate gold into the modern digital financial system, granting it the ability for instant settlement and global circulation. This integration also further solidifies BNB Chain’s leading advantage in the real-world asset (RWA) sector. Currently, the asset scale of BNB Chain’s RWA distribution is approximately $3.2 billion, making it the second-largest RWA public chain globally, with over 41,000 holders and a net inflow of about $845 million in the past 30 days. These figures reflect real usage—assets are being held, traded, and deeply integrated throughout the ecosystem, rather than being idle post-issuance. The addition of XAUt marks a transition for RWAs from ‘issuance equals storage’ to a new phase of truly usable and composable on-chain assets.