BlockBeats news, March 30, according to official information: Tether’s tokenized gold product Tether Gold (XAUt) has officially launched on March 26 on the BNB Chain, directly bringing physical gold-backed assets into the on-chain ecosystem. Each XAUt token corresponds to one troy ounce of physical gold. It is 1:1 backed by London Good Delivery gold bars stored in Switzerland, with total reserves of approximately 1,800 bars, over 22,100 kilograms, and publicly available reserve proof.
The significance of this launch is that users do not need to go through the custody, storage, premium, and cumbersome settlement processes required for traditional gold investing. They can obtain direct physical gold exposure within the BNB Chain ecosystem, seamlessly integrating with trading, DeFi, and other on-chain activities, without moving funds off-chain. For developers, XAUt offers an asset with lower correlation to the crypto market, helping enable more balanced product design. In addition, Tether enables liquidity interoperability for XAUt across 12 or more blockchains through the USDt0 cross-chain network, further improving issuance, transfer, and settlement efficiency.
Tether CEO Paolo Ardoino said this move is intended to bring gold into a modern digital financial 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. At present, the total RWA distributed asset size on BNB Chain is about $3.2 billion, making it the second-largest RWA public chain globally. It has more than 41,000 holders, and over the past 30 days, net inflows were approximately $845 million. These figures reflect real usage—assets are being held, traded, and deeply integrated into the ecosystem, rather than lying idle after issuance.
The addition of XAUt marks a new phase for RWAs, as they shift from “issue and then store” to genuinely usable, composable on-chain assets.