Tether Gold launches on BNB Chain, expanding the application scenarios for tokenized gold

Tether announced that its gold token Tether Gold (XAU₮) has launched on the BNB Chain, bringing this leading tokenized gold asset into a broader crypto ecosystem.

XAU₮ corresponds to 1 ounce of physical gold (London Good Delivery standard), stored in Swiss vaults, and backed by a 1:1 reserve through independent audits. Data shows that gold prices are expected to rise by about 64% in 2025, marking the largest annual increase in 40 years, driving up market 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 about 60% of the share.

This deployment allows users to gain direct exposure to physical gold within the BNB Chain ecosystem without the need for traditional custody, premiums, and settlement processes. At the same time, Tether achieves liquidity interoperability for XAU₮ across more than 12 blockchains through the USDt0 cross-chain network, enhancing the efficiency of issuance, transfer, and settlement.

Tether CEO Paolo Ardoino stated that this move aims to integrate gold assets into the modern digital financial system, enabling instant settlement and global circulation capabilities. The BNB Chain side noted that this integration will further strengthen its ecological layout in the realm of real-world assets (RWA).