Tether’s Gold Stablecoin Expands Reach with TON Blockchain Launch
Tether’s new omnichain gold-based stablecoin, XAUt0, aims to revolutionize yellow metal investments amid economic uncertainty. Developed in collaboration with the TON Foundation, this iteration of Tether Gold seeks to enhance accessibility and utility for digital gold holders.
The expansion onto the TON blockchain marks a strategic MOVE to tap into the network’s growing ecosystem. As traditional markets wobble, crypto-backed gold products are gaining traction as hedges against inflation and currency volatility.