Tether has launched its gold-backed token XAU₮ on BNB Chain and Binance, expanding its reach to over 12 blockchains through the USDt0 network. XAU₮ represents one fine troy ounce of physical gold held in Swiss vaults. The stablecoin market grew to over $4 billion in 2025, with XAU₮ holding 60% market share.

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