What is expected in the development of XAUt?
Tether Gold’s roadmap highlights three main goals:
- Entering the U.S. Market (Q4 2025) – Working to meet U.S. regulations to bring XAUt to American investors.
- Growing Gold Reserves (2026) – Buying more gold assets to back XAUt with stronger physical reserves.
- Expanding Multi-Chain Support (Ongoing) – Making XAUt available across multiple blockchain networks for easier use.
Deep Dive
1. Entering the U.S. Market (Q4 2025)
Overview: Tether is preparing to launch XAUt in the U.S. under the new GENIUS Act. This means they’ll get audited by a top accounting firm like Deloitte and follow U.S. rules for holding and managing assets.
What this means: This move could boost trust in XAUt and open doors to U.S. investors and exchange-traded funds (ETFs). But delays in audits or regulatory hurdles could slow progress.
2. Growing Gold Reserves (2026)
Overview: In June 2025, Tether Investments bought a 32% share in Elemental Altus, a Canadian company that earns royalties from gold mining (source). This is part of their plan to increase the physical gold backing XAUt, which currently stands at 7.66 tons.
What this means: More gold reserves can make XAUt more stable and trustworthy. However, relying on mining royalties means exposure to risks like changes in mining operations or political issues.
3. Expanding Multi-Chain Support (Ongoing)
Overview: After launching XAUt0, an omnichain version of XAUt on the TON blockchain in June 2025, Tether aims to connect XAUt with Ethereum, Solana, and Telegram-based blockchains. They’re using LayerZero’s OFT technology to do this (source).
What this means: This will make it easier to trade and use XAUt across different blockchain platforms, increasing liquidity and decentralized finance (DeFi) opportunities. The key challenge is ensuring smooth integration without security issues.
Conclusion
Tether Gold is focusing on gaining regulatory approval, increasing its gold reserves, and improving blockchain compatibility to strengthen its position as a link between traditional gold and cryptocurrency. With gold prices up 43% over the past year and XAUt’s market value nearing $1 billion, these efforts aim to balance growth with maintaining the asset’s reputation as a reliable store of value.
What updates are there in the XAUt code base?
Tether Gold (XAUt) has launched new cross-chain features through XAUt0 and expanded its presence in different blockchain networks.
- Omnichain Upgrade with XAUt0 (June 3, 2025) – Enables transfers across multiple blockchains using LayerZero’s OFT standard.
- Integration with TON Blockchain (June 3, 2025) – Available on The Open Network (TON), which is linked to Telegram’s large user base.
- Security Enhancements & DVN Verification (June 10, 2025) – Improved cross-chain security with dual validation systems.
Deep Dive
1. Omnichain Upgrade with XAUt0 (June 3, 2025)
What it is: XAUt0 lets users move gold-backed tokens smoothly between different blockchains without needing complicated bridges or wrapped tokens. It uses LayerZero’s OFT protocol to do this.
This upgrade helps avoid splitting liquidity by allowing XAUt tokens to work directly on Ethereum, TON, and other blockchains in the future. Each XAUt0 token is still fully backed 1:1 by real gold stored securely in Swiss vaults.
Why it matters: This is a positive development for XAUt because it opens up more ways to use the token—like borrowing and lending on Ethereum or sending tokens directly to others on TON—while keeping the stability of gold. (Source)
2. Integration with TON Blockchain (June 3, 2025)
What it is: XAUt0’s first rollout on TON targets Telegram’s network, giving over 900 million Telegram users easy access to gold-backed tokens through in-app wallets.
This takes advantage of TON’s fast and scalable blockchain and Telegram’s huge user base to make owning tokenized gold simpler for everyday users.
Why it matters: This is a neutral development for XAUt in the short term. While the potential for adoption is high, the actual impact depends on how many Telegram users start using crypto. (Source)
3. Security Enhancements & DVN Verification (June 10, 2025)
What it is: LayerZero’s decentralized oracle networks (DVNs) now verify all cross-chain XAUt0 transfers. This is combined with independent security audits and a bug bounty program.
This layered security approach helps prevent risks like hacks or mismatches in token supply.
Why it matters: This is good news for XAUt because stronger security builds trust that each token is truly backed by gold. (Source)
Conclusion
The latest updates to XAUt’s technology focus on making the token usable across multiple blockchains while ensuring top-level security. This positions XAUt as a key link between physical gold and decentralized finance. The big question remains: will Telegram’s massive user base create strong demand for XAUt0 on TON?
What could affect the price of XAUt?
The price of Tether Gold (XAUt) depends on how gold prices move, changes in regulations, and how widely cryptocurrencies are adopted.
- Gold price sensitivity – XAUt follows the price of physical gold, which has increased by 43.6% over the past year.
- Growth in real-world assets (RWA) – The market for tokenized real-world assets is expected to reach $26 billion by mid-2025, boosting demand for XAUt.
- Regulatory clarity – Efforts to comply with U.S. regulations could encourage more institutional investors to use XAUt.
Deep Dive
1. Gold Market Dynamics (Positive/Mixed Impact)
Overview:
XAUt’s value is directly linked to physical gold, which has risen 43.6% year-over-year to about $3,770 per troy ounce. Recently, U.S. tariffs on Swiss gold bars caused gold futures prices to briefly jump to $3,534 in August 2025, creating opportunities for trading tokenized gold. However, the 7-day Relative Strength Index (RSI) for gold is at 82.17, indicating the market may be overbought and could see a short-term price correction.
What this means: If gold prices continue to rise, XAUt could benefit. But if the market cools off, XAUt’s price might become more volatile. Keep an eye on gold futures and inflation reports for clues about future price movements.
2. Real-World Asset Adoption (Positive Impact)
Overview:
The market for real-world assets like tokenized gold has grown to $26 billion by mid-2025 (CertiK). XAUt is the second-largest tokenized gold product with a market cap of $1.25 billion. New technology upgrades, such as XAUt0 on the TON blockchain (which connects to Telegram’s 900 million users), and partnerships with companies like ICE and Chainlink, make XAUt easier to access.
What this means: As decentralized finance (DeFi) platforms and institutional investors (like Antalpha, which plans to invest $40 million) increase their use of tokenized gold, demand for XAUt could grow. However, competition from other tokenized gold products like PAXG and BUIDL remains strong.
3. Regulatory & Custody Risks (Mixed Impact)
Overview:
Tether is working to comply with U.S. regulations under the GENIUS Act, including audits by major accounting firms, to establish XAUt as a “foreign stablecoin.” However, redeeming XAUt for physical gold requires delivery in Switzerland, and past U.S. tariffs on Swiss gold bars (which were reversed in August 2025) highlight ongoing geopolitical risks.
What this means: Clearer regulations could attract more cautious investors, but challenges related to storing and redeeming physical gold, along with sudden policy changes, might limit liquidity and trading activity.
Conclusion
XAUt’s future depends on the overall appeal of gold combined with how well it can overcome challenges specific to cryptocurrencies. Growth in real-world asset markets and gold’s role as an inflation hedge support potential gains. Still, traders should watch key resistance levels like gold’s $3,911 Fibonacci point and Tether’s audit results expected in Q4 2025. The big question remains: Can XAUt outperform physical gold’s 12-month returns if the Federal Reserve lowers interest rates?
What are people saying about XAUt?
Tether Gold (XAUt) is making waves by combining the timeless value of gold with modern blockchain technology. Here’s what’s trending:
- Market cap milestones – Over $1.3 billion and growing
- Institutional interest – Gold miners and banks are investing
- Yield experiments – Gold-backed tokens earning rewards on Telegram
In-Depth Look
1. Market Cap Breakthrough
According to @WhaleInsider, Tether Gold (XAUt) has entered the top 100 cryptocurrencies by market value, surpassing $1.3 billion.
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What this means: Reaching the top 100 is a strong sign that XAUt is gaining mainstream attention. However, trading volume is relatively low (8.83% turnover on CoinMarketCap), indicating most holders see it as a way to store value rather than actively trade.
2. Institutional Adoption
The Bitcoin mining company @Antalpha announced plans to invest $40 million in XAUt by mid-2026, using it as a "cornerstone collateral" because gold prices have risen 27% this year.
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What this means: Big investors getting involved could help stabilize XAUt’s $929 million market cap. But keep in mind, gold prices can fluctuate—gold dropped 0.35% last week even though XAUt gained 12.65% over 60 days.
3. Yield Farming with Gold
Telegram’s Wallet recently launched a Gold Earn Campaign, allowing users to stake XAUt and earn daily compound rewards. However, Tether charges a 0.25% fee when redeeming tokens.
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What this means: This adds some utility to gold-backed tokens, but they don’t generate as much yield as fiat-backed stablecoins like USDC, which earn interest from U.S. Treasury bonds. This could limit how much decentralized finance (DeFi) users adopt XAUt.
Conclusion
The outlook for Tether Gold (XAUt) is positive but with some challenges. Exchange listings on platforms like Kraken and WEEX, growing institutional interest, and gold’s strong market trends are driving momentum. However, liquidity is spread across more than 40 blockchains, and Tether’s centralized control raises concerns. Keep an eye on the Gold/S&P 500 ratio, a key measure of market risk sentiment that has supported XAUt’s impressive 43.62% annual gain.
What is the latest news about XAUt?
Tether Gold is gaining momentum in the Real-World Asset (RWA) market with new exchange listings and reaching a $1.3 billion market cap. Here’s what’s new:
- RWA Market Reaches $26 Billion (August 21, 2025) – A CertiK report highlights Tether Gold (XAUt) as a top protocol amid rapid sector growth.
- $XAUT Joins Crypto’s Top 100 (September 7, 2025) – Market cap surpasses $1.3 billion as demand for tokenized gold rises.
- Expanding Across Multiple Blockchains (August 21, 2025) – XAUt is now available on Euler, DCent, and Bridgers, making it easier to use across different blockchain networks.
Deep Dive
1. RWA Market Reaches $26 Billion (August 21, 2025)
Overview: According to CertiK’s mid-2025 report, the Real-World Asset market has grown five times since 2022, reaching $26 billion. Tether Gold (XAUt) stands out as a leading protocol thanks to its strong compliance, clear backing by physical gold reserves, and high-level security measures.
What this means: This makes XAUt a reliable choice for investors who want exposure to gold without the hassle of storing physical gold. Security features like CertiK’s “Five-Layer Stack” add extra confidence for cautious investors. (Phemex)
2. $XAUT Joins Crypto’s Top 100 (September 7, 2025)
Overview: Tether Gold’s market cap has grown past $1.3 billion, earning it a spot among the top 100 cryptocurrencies. This growth matches gold’s 27% price increase this year and rising interest from institutions in tokenized assets.
What this means: Being in the top 100 shows that XAUt is gaining wider acceptance and more trading activity. Still, competition is strong—BlackRock’s BUIDL tokenized Treasuries lead the RWA market with a $2.4 billion market cap. (WhaleInsider)
3. Expanding Across Multiple Blockchains (August 21, 2025)
Overview: XAUt has launched on Euler Finance, DCent Wallets, and Bridgers, allowing users to swap tokens across different blockchain networks easily. This follows earlier listings on exchanges like Kraken and Transak.
What this means: Making XAUt available on more platforms increases its usefulness in decentralized finance (DeFi). However, liquidity on these chains is still limited—for example, a $1 million trade might face about 0.76% price slippage. Growth in DeFi platforms like Fluid and Aave could boost demand further. (SwftCoin)
Conclusion
Tether Gold (XAUt) is benefiting from the growing interest in Real-World Assets through smart exchange listings, transparent operations, and the strong appeal of gold as a safe investment. While reaching a $1.3 billion market cap is a big step, it faces tough competition from tokens like BUIDL and must navigate changing regulations around stablecoins. Keep an eye on its DeFi partnerships and U.S. regulatory compliance for signs of future growth.