Tether Launches XAUt0: Omnichain Gold Stablecoin on TON

Tether Launches XAUt0: Omnichain Gold Stablecoin on TON

Tether has introduced XAUt0, an omnichain version of its gold-backed stablecoin, Tether Gold (XAUt), on The Open Network (TON). This strategic initiative, developed in partnership with the TON Foundation and LayerZero, aims to boost token interoperability across diverse blockchain platforms. XAUt0 is built on LayerZero's Omnichain Fungible Token (OFT) standard, which enables cross-chain transfers without requiring wrapping or intermediaries. ...

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