- Tether has introduced XAUt0, a gold-backed digital token derived from Tether Gold (XAUt)X.
- AUt0 is now accessible via Telegram’s native wallet.
- The launch of XAUt0 highlights TON’s growing role in the DeFi ecosystem.
Tether has officially launched XAUt0, a gold-backed digital token on The Open Network (TON) blockchain.
The launch aims to bring the stability and appeal of gold ownership into the decentralized finance (DeFi) space, which is now directly accessible through Telegram’s native wallet, with a user base of over one billion.
XAUt0 is a derivative of Tether Gold (XAUt), and offers users digital exposure to physical gold, combining the security of gold reserves with the convenience of blockchain technology.
The move highlights TON’s increasing momentum in the blockchain space. The platform continues to forge strategic partnerships with major players in crypto and fintech.
According to TON developers, users can expect exclusive incentives and special offers tied to XAUt0 usage via Telegram.
Upcoming features may include expanded DeFi tools, peer-to-peer trading, and additional tokenized assets, reinforcing TON’s ambition to serve as a bridge between traditional finance and Web3.
