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Tether Gold launches on BNB Chain, expanding tokenized gold use cases

Tether Gold launches on BNB Chain, expanding tokenized gold use cases

ChaincatcherChaincatcher2026/03/26 13:12
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ChainCatcher News: Tether announced that its gold token, Tether Gold (XAU₮), has been launched on BNB Chain, bringing this leading tokenized gold asset into a broader crypto ecosystem.

Each XAU₮ token represents 1 ounce of physical gold (London Good Delivery standard), stored in Swiss vaults, and is supported by a 1:1 reserve verified through independent audits. Data shows that in 2025, the price of gold rose by approximately 64%, marking the largest annual increase in 40 years and driving up demand for safe-haven assets. During the same period, the market size of gold-backed stablecoins grew from about $1.3 billion to over $4 billion, with XAU₮ accounting for approximately 60% of the market share.

This deployment allows users to gain direct exposure to physical gold within the BNB Chain ecosystem without the need for traditional custody, premiums, or settlement processes. At the same time, Tether enables liquidity interoperability of XAU₮ across more than 12 blockchains through the USDt0 cross-chain network, 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, providing them with instant settlement and global circulation capabilities. BNB Chain commented that this integration will further strengthen its ecosystem in the real-world assets (RWA) sector.

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