Tether Gold XAU Joins BNB Chain, Reaching 60% Market Share

Tether launched XAU on BNB Chain on March 26. The move brings physical gold exposure directly to hundreds of millions of BNB Chain users. No custodians. No premiums. No settlement delays.

The tokenized gold market didn't stay small for long. It grew from roughly $1.3 billion to over $4 billion in 2025. Tether Gold captured around 60 percent of that total supply, according to Tether's official announcement.

Gold itself had a historic year. It gained 64% in 2025, the biggest annual run in four decades. More than 50 all-time highs were set as investors moved toward safety assets.

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Gold in Your Wallet, No Vault Required

Each XAU token equals one troy fine ounce of gold. That gold sits in Swiss vaults as a London Good Delivery bar. Independent attestations confirm the 1:1 backing at all times.

XAU is issued by TG Commodities, S.A. de C.V., registered under El Salvador's Digital Asset Issuance Law. Full reserve details are publicly available at gold.tether.to.

Paolo Ardoino, CEO of Tether, put it simply. Gold has held value for millennia, he said. XAU doesn't change what gold is. It makes gold usable inside a modern financial system. It can move instantly, settle globally, and connect with digital markets. BNB Chain extends that reach to hundreds of millions of users.

Nina Rong, Executive Director of Growth at BNB Chain, noted that XAU strengthens BNB Chain's position as the second-largest RWA ecosystem by TVL. Users get a trusted, gold-backed asset they can actually use across DeFi.

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12 Chains, One Gold Standard

Tether connected XAU to BNB Chain through the USDt0 network. That setup ties liquidity across 12 or more chains in one infrastructure layer. It handles issuing, transferring, and settling tokenized gold across markets.

The gap this closes has been sitting there since tokenized gold first appeared. Institutional-grade gold ownership was never built for everyday digital asset traders. BNB Chain listing puts XAU in the same interface users already trade everything else.

Stablecoin regulation conversations are shifting fast across markets too. RWA tokenization is drawing more attention from regulators and institutional players at the same time. That context matters for where XAU fits in the next year.

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The XAU gold token is redeemable as physical gold. Each allocation carries a unique serial number, confirmed purity, and recorded weight. That level of transparency is rare in tokenized commodity products.

BNB Chain's TVL story has been building for some time. This listing adds a hard-asset layer to that. Gold moving across 12 chains without friction is a different kind of utility than most crypto products offer right now.

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