#TradingTypes101

Tether has launched the stablecoin XAUt0 on the TON blockchain

The issuer of the USDT stablecoin — Tether — in partnership with the TON Foundation announced the launch of XAUt0 — a new omnichain version of its gold stablecoin Tether Gold (XAUt), which the company introduced in June 2024.

Built on the Omnichain Fungible Token standard from LayerZero, the XAUt0 token provides access to gold in a digital format without the need for wrapping or intermediary networks.

The first launch took place on The Open Network (#TON) — a blockchain that provides access to tokenized gold thanks to a close integration with the Telegram ecosystem.

XAUt0 is already available to users of Telegram wallets, and a large-scale advertising campaign is planned for the third quarter of 2025.