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USDT0 Introduces XAUt0, Modernizing Access to Gold with True Digital Ownership
- USDT0 has launched XAUt0, the omnichain evolution of Tether Gold, enabling users to own physically backed gold tokens on various blockchains.
- XAUt0 allows seamless movement of gold assets across different blockchains, offering true ownership rights and interoperability for users.
- Tether Gold (XAUt) was an early project to combine physical gold with blockchain transparency, providing a reliable hedge against inflation.
- XAUt0 integration with leading blockchains allows for diverse financial applications like lending and liquidity pools.
- Each XAUt token represents ownership of one fine troy ounce of gold on a London Good Delivery bar stored in a Swiss vault.
- XAUt0's partnership with The Open Platform aims to bring tokenized gold to millions of users within the Telegram ecosystem on The Open Network.
- XAUt0 provides advantages over physical gold such as 24/7 access, secure digital storage, infinite divisibility, and physical redemption options.
- The launch of XAUt0 revolutionizes digital ownership of gold, offering a seamless and accessible solution in the decentralized ecosystem.
- USDT0's mission is to unify liquidity and make digital assets borderless, and XAUt0 expands this mission to include physically backed gold.
- Everdawn Labs, a software development firm, manages USDT0 and contributes to the development of XAUt0, bringing innovation to digital assets.
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