Tether Gold (XAUt) was launched on BNB Chain on March 26. Each token is backed by 1 troy ounce of physical gold, with a 1:1 backing by London good delivery gold bars stored in Swiss vaults. The total reserve is approximately 1,800 gold bars, weighing over 22,100 kilograms. XAUT currently has a market capitalization of about $2.51 billion and is also deployed on chains such as Ethereum and Polygon.

XAUT0,18%
BNB0,65%
ETH2,29%
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