Svmuu News Tether has announced that its gold-backed token, Tether Gold (XAU₮), is now live on BNB Chain, bringing this leading tokenized gold asset to a broader crypto ecosystem. Each XAU₮ token is backed by one troy ounce of physical gold (London Good Delivery standard), stored in a Swiss vault, with 1:1 reserve backing verified through independent audits.
Data shows that in 2025, the price of gold rose by approximately 64%, marking its largest annual gain in 40 years, driving increased demand for safe-haven assets. During the same period, the market size for gold-backed stablecoins grew from around $1.3 billion to over $4 billion, with XAU₮ holding approximately a 60% market share.
This deployment allows users to gain direct exposure to physical gold within the BNB Chain ecosystem, bypassing traditional custody, premiums, and settlement processes. Simultaneously, Tether leverages its USDt0 cross-chain network to enable liquidity interoperability for XAU₮ across more than 12 blockchains, enhancing issuance, transfer, and settlement efficiency.
Tether CEO Paolo Ardoino stated that this move aims to integrate gold assets into the modern digital financial system, endowing them with instant settlement and global circulation capabilities. BNB Chain noted that this integration will further strengthen its ecosystem positioning in the Real World Assets (RWA) sector.