Tether Expands Stablecoin Ecosystem with Gold-Backed XAUt0 on TON Blockchain for Telegram Users

Tether has unveiled XAUt0, a gold-backed derivative stablecoin on The Open Network (TON) blockchain, enabling Telegram’s vast user base to access tokenized gold through the app’s native wallet. This strategic move marks a significant advancement in blockchain integration for the messaging platform, leveraging Tether Gold (XAUt) as its underlying asset. The launch underscores Tether’s commitment to diversifying its stablecoin offerings and bridging traditional assets with decentralized finance (DeFi). With Telegram’s extensive reach, XAUt0 could drive broader adoption of gold-pegged digital assets, potentially influencing USDT’s dominance in the stablecoin market. As of June 2025, this development highlights the growing convergence of messaging platforms, blockchain technology, and commodity-backed cryptocurrencies.

Tether Launches Gold-Backed Stablecoin XAUt0 on TON Blockchain for Telegram Users

Tether has expanded its stablecoin offerings with the launch of XAUt0, a gold-backed derivative token on The Open Network (TON) blockchain. This integration enables Telegram’s massive user base to access tokenized Gold through the app’s native wallet, marking another strategic blockchain advancement for the messaging platform.

The XAUt0 token derives its value from Tether Gold (XAUt), which pioneered gold tokenization in 2020. USDT0, the unified liquidity protocol behind the announcement, emphasized the asset’s dual appeal: "a timeless hedge against inflation combined with blockchain’s efficiency." TON’s growing ecosystem continues to attract major industry players, strengthening Telegram’s position in Web3 adoption.