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Tether's XAUT Gold Token on BNB Chain: New Access, Big Audit

Published 15 hours ago
Description

Tethers gold-backed token, XAUT, debuts on BNB Chain, expanding access to the leading tokenized gold product amid gold price surges. XAUT, with a market cap near $2.5 billion, offers a troy ounce of physical gold stored in Swiss vaults. Binance now supports spot trading for XAUT, making gold more accessible in digital finance. Despite a recent drop in gold prices, prediction markets remain optimistic. Tether also secures a major accounting firm for USDTs first full reserve audit, further solidifying its position in the crypto ecosystem.

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