TechFlow News, March 30: Tether’s tokenized gold product, Tether Gold (XAUt), officially launched on BNB Chain on March 26, bringing physical gold assets directly onto the blockchain ecosystem. Each XAUt token represents one troy ounce of physical gold, fully backed 1:1 by London Good Delivery gold bars stored in Swiss vaults. The total reserves amount to approximately 1,800 gold bars—over 22,100 kilograms—and are publicly verifiable via on-chain reserve proofs.
This integration enables users to gain direct exposure to physical gold within the BNB Chain ecosystem—without undergoing traditional gold investment hurdles such as custodianship, storage, premiums, or cumbersome settlement processes—and seamlessly integrate gold into trading, DeFi, and other on-chain activities, all without moving funds off-chain. For developers, XAUt offers an asset with low correlation to crypto markets, supporting more balanced product design. Additionally, Tether leverages its USDt0 cross-chain network to enable liquidity interoperability for XAUt across more than 12 blockchains, further enhancing issuance, transfer, and settlement efficiency.
Paolo Ardoino, CEO of Tether, stated that this initiative aims to incorporate gold into the modern digital financial system, endowing it with instant settlement and global portability.
This integration further strengthens BNB Chain’s leadership position in the real-world assets (RWA) sector. As of now, the total value of RWA assets deployed on BNB Chain stands at approximately $3.2 billion, making it the world’s second-largest RWA-focused public blockchain. It hosts over 41,000 holders, with a net inflow of roughly $845 million over the past 30 days. These figures reflect genuine usage—assets are actively held, traded, and deeply integrated throughout the ecosystem—not merely issued and left idle.
The addition of XAUt marks a pivotal shift in the RWA space: from “issue-and-hold” to truly usable, composable on-chain assets.
