🚀 Tether & TON Foundation Launch Omnichain Gold Stablecoin (XAUt0)
Game-Changing Collab:
Tether teams up with TON Foundation to launch XAUt0 – an omnichain version of its gold-backed stablecoin ($832M market cap).
🔥 Key Features:
▪️ Built on LayerZero's OFT standard – cross-chain transfers without bridges
▪️ 1 XAUt0 = 1 troy oz of Swiss-vaulted gold (7.7 tons total)
▪️ Joins Tether’s USDT0 in omnichain stablecoin revolution
💡 Why It Matters:
🟡 Gold prices up 29.5% YoY (safe-haven demand)
💥 Direct competition for gold ETFs & Pax Gold ($811M)
🌐 TON ecosystem gains institutional-grade asset
Will XAUt0 become the DeFi standard for gold?
