Tether Launches Gold-Backed Stablecoin XAUt0 on TON for Over 1 Billion Telegram Users
Tether, the issuer of USDT, has officially launched XAUt0, a gold-backed stablecoin on The Open Network (TON) blockchain.
This new token is a derivative of Tether Gold (XAUt) and is designed to bring the benefits of gold ownership to the decentralized finance ecosystem, now accessible directly through Telegram’s native wallet.
Bridging Gold and Blockchain
XAUt0 combines the inflation-resistant qualities of physical gold with the flexibility and efficiency of blockchain technology. As a tokenized version of Tether Gold, it allows users to gain exposure to real-world gold while benefiting from fast, secure, and transparent transactions native to TON.
The integration gives over 1 billion Telegram users the ability to buy, hold, and use the XAUt0 token seamlessly through the @wallet_tg bot on the TON blockchain.
Strategic Expansion for TON and Telegram
This milestone marks another key development in Telegram’s ongoing adoption of blockchain features. With TON deeply embedded into Telegram’s infrastructure, the platform continues to evolve from a messaging app into a full-fledged Web3 ecosystem.
TON has been increasingly active in forming strategic partnerships with major blockchain and fintech players. The launch of XAUt0 highlights TON’s growing influence and its role in bringing decentralized assets to a mainstream audience.
What’s Next?
The TON team has hinted at exclusive offers and incentives for users engaging with XAUt0 via Telegram. As blockchain integration deepens within the app, users can expect further enhancements, including potential DeFi functionalities, P2P trading, and more tokenized assets.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
