USDT0 Launches Gold-Backed $XAUt0 Token on TON Network
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USDT0 has unveiled its gold-backed token, $XAUt0, on The Open Network (TON), marking a significant step in bridging traditional assets with decentralized finance. Each token represents one troy ounce of physical Gold stored in Swiss vaults, certified by the London Bullion Market Association.
The integration of LayerZero’s Omnichain Fungible Token (OFT) standard enables seamless cross-chain transfers, eliminating the need for synthetic assets or bridges. This launch underscores the growing demand for asset-backed tokens in the DeFi ecosystem.
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