Tether has announced that Tether Gold (XAU₮) is now available on BNB Chain, bringing the industry’s leading tokenized gold product to the world’s largest cryptocurrency exchange. Each XAU₮ token represents one troy ounce of gold held in Swiss vaults as a London Good Delivery bar, with 1:1 backing confirmed by independent attestations. XAU₮ has already established itself as a leading asset in its category, and the listing on BNB Chain expands liquidity across more than 12 chains.
Paolo Ardoino, CEO of Tether, said the move makes gold usable in a modern financial system by enabling instant movement and settlement. Nina Rong, Executive Director of Growth at BNB Chain, added that XAU₮ strengthens a large real-world asset ecosystem and offers seamless DeFi exposure. XAU₮ is issued by TG Commodities, S.A. de C.V., a registered Stablecoin Issuer and Digital Asset Service Provider under El Salvador’s Digital Asset Issuance Law. Full reserve details, attestation reports, and vault transparency are publicly available at gold.tether.to.
In the Tether Gold program, one XAU₮ token corresponds to one troy ounce of gold on a London Good Delivery bar, and the asset can be traded, moved, and transferred to any on-chain address from the purchaser’s Tether wallet. The allocated gold is identifiable with a unique serial number, purity, and weight, and is redeemable in the form of physical gold. Important Note: This press release is not an offer to sell or the solicitation of an offer to buy XAU₮; TG Commodities will sell or redeem XAU₮ under its token terms of sale and service available at tether.io.
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