Tether Gold (XAUt) officially launches on BNB Chain, accelerating the on-chain gold era

Mars Finance news: Tether’s tokenized gold product, Tether Gold (XAUt), was officially launched on March 26 on the BNB Chain, bringing physical gold assets directly into the on-chain ecosystem. Each XAUt token corresponds to one troy ounce of physical gold, backed 1:1 by London Good Delivery gold bars stored in Swiss vaults, with total reserves of approximately 1,800 bars and over 22,100 kilograms, and it has published reserve proof. The significance of this launch is that users can obtain direct physical gold exposure within the BNB Chain ecosystem without going through the custody, storage, premium, and cumbersome settlement processes required by traditional gold investments, and can integrate seamlessly with trading, DeFi, and other on-chain activities without moving funds off-chain. For developers, XAUt provides an asset with lower correlation to the crypto market, helping them build more balanced product designs. In addition, Tether enables liquidity interoperability for XAUt across more than 12 blockchains through the USDt0 cross-chain network, further improving issuance, transfer, and settlement efficiency. Tether CEO Paolo Ardoino said this move is intended to integrate gold finance into a modern digital finance system, giving it the ability for instant settlement and global circulation. This integration also further reinforces BNB Chain’s leading advantage in the real-world assets (RWA) track. Currently, the RWA-distributed asset size on BNB Chain is about $3.2 billion, making it the world’s second-largest RWA public chain; it has more than 41,000 holders, and net inflows over the past 30 days are approximately $845 million. What these figures reflect is real usage—assets are being held, traded, and deeply integrated across the entire ecosystem, rather than sitting idle after issuance. The addition of XAUt marks a new phase for RWA, as it moves from “issue and store” to truly usable, composable on-chain assets.