Tether Taps Into TON Ecosystem to Power the Future of Gold in Web3 Ecosystems

Tether has unveiled XAUt0, an omnichain version of its gold-backed stablecoin, on The Open Network (TON), a move set to accelerate the growth of the TON ecosystem and redefine interoperability in web3 ecosystems. The launch, in collaboration with the TON Foundation and powered by LayerZero’s Omnichain Fungible Token (OFT) standard, allows seamless cross-chain transfers of XAUt0 without requiring bridges or wrapped tokens. As gold prices soar and demand for stable, decentralized assets grows, Tether is positioning itself at the forefront of the next phase of blockchain development.

• Tether introduces XAUt0, a gold-backed omnichain stablecoin, to The Open Network (TON) for unmatched cross-chain functionality.
• The launch leverages LayerZero’s OFT technology to eliminate middlechains and bridges, enhancing blockchain development.
• XAUt0 offers a decentralized alternative to gold ETFs, appealing to investors navigating global economic uncertainty.

Tether’s XAUt0 builds upon its original gold stablecoin, XAUt, which was previously available only on Ethereum. Backed by more than 7.7 tons of physical gold stored in Swiss vaults, each XAUt0 token represents one troy ounce of gold, providing users with tangible value in a digital form. With XAUt’s market cap at over $832 million, Tether’s expansion to an omnichain model could significantly increase liquidity and access.

This launch is part of Tether’s broader strategy to enhance cross-chain interoperability in decentralized finance. The company previously rolled out USDT0, an omnichain dollar-backed stablecoin, across Optimism’s Superchain, comprising at least eight interconnected blockchains. XAUt0 follows the same blueprint—bridging the gap between traditional financial assets and the decentralized infrastructure of modern web3 ecosystems.

Gold’s appeal has surged in 2025, largely due to ongoing global trade tensions and economic uncertainty. The price of gold has jumped nearly 30% year-over-year, reaching $3,304 per ounce as of May 30. Digital tokens like XAUt0 offer an innovative alternative to traditional investment instruments such as gold ETFs, providing both stability and blockchain-native flexibility.

The adoption of LayerZero’s OFT standard ensures that XAUt0 can move freely across multiple chains without compromising on security or functionality. This type of interoperability is becoming essential in blockchain development, as it allows users to avoid the complexities and vulnerabilities of traditional bridges.

Tether’s deeper integration into the TON ecosystem also reflects the blockchain’s increasing relevance in real-world asset tokenization. With XAUt0, Tether is expanding the range of financial instruments available in decentralized applications—fueling growth across both institutional and retail segments within web3 ecosystems.

Expert Opinion And Quotes

The initial rollout of XAUt0 on TON reflects our shared vision of making digital assets seamlessly accessible to people around the world, unlocking new economic opportunities for those who need them most, Starting today, Tether Gold will be instantly available to users of Wallet in Telegram, and in Q3, we will launch a major promotional campaign to engage users of TON Ecosystem.” - Andrew Rogozov, CEO and Founder of The Open Platform - Source

FAQs

What is the TON ecosystem and how is it evolving?
The TON ecosystem is a decentralized blockchain platform originally developed by Telegram. It is rapidly expanding through partnerships like Tether’s XAUt0 launch, positioning itself as a major player in the future of web3 ecosystems.

How does Tether’s omnichain gold stablecoin work?
XAUt0 is powered by LayerZero’s Omnichain Fungible Token standard, allowing it to move across different blockchains without using bridges or wrapped tokens—a key advancement in blockchain development.

What is the significance of the new XAUt0 token?
XAUt0 brings the world’s largest gold-backed stablecoin into the omnichain era, offering seamless cross-chain access and enhancing liquidity and usability across web3 ecosystems.

Why did Tether choose the TON ecosystem for this launch?
The TON ecosystem offers scalability, a growing developer community, and robust infrastructure, making it an ideal platform for launching next-generation omnichain assets like XAUt0.

How does XAUt0 compare to traditional gold ETFs?
Unlike gold ETFs that operate within traditional finance systems, XAUt0 is blockchain-native, offering decentralized ownership, real asset backing, and transferability across multiple chains—making it a standout in web3 ecosystems.