<ul><li>Tether has launched XAUt0, a gold-backed omnichain stablecoin, on the TON blockchain to enhance DeFi utility and adoption potential.</li><li>XAUt0, built on LayerZero's OFT standard, allows seamless transfers across multiple blockchains without intermediaries, each token representing one troy ounce of physical gold stored in Swiss vaults.</li><li>The XAUt0 deployment on TON signifies a milestone in integrating real-world assets into DeFi, attracting users seeking stable, gold-backed digital assets to increase liquidity and utility in the network.</li><li>While the immediate price impact on Toncoin was muted post XAUt0 announcement, long-term outlook remains bullish with predictions of reaching $10–$11 by late 2025, driven by ecosystem growth, adoption, and Tether integration.</li></ul>

Tether Expands to TON With New Omnichain Gold Stablecoin

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