oXAUt—the open version of @Tether_to's XAUt, the largest gold-backed token with over $820 million in market cap—is going multichain, making gold accessible and divisible across multiple ecosystems, powered by Chainlink CCIP.Via CCIP, oXAUt is initially expanding to World Chain (@worldcoin) with more chains to follow across the Superchain ecosystem.Cross-chain by Chainlink.OpenUSDT (@OpenUSDT):oXAUt has arrived on @world_chain_.This expansion brings @Tethergold interchain, powered by @Chainlink CCIP and @Hyp ...

Core Viewpoint - Tether has established a vault in Switzerland to hold up to $8 billion (approximately 80 tons) of gold reserves, indicating a strategic shift towards gold as a safer asset compared to fiat currencies [1] Group 1: Company Strategy - Tether's CEO, Paolo Ardoino, believes that gold is logically safer than any national currency, especially in light of rising concerns over U.S. debt [1] - The company plans to expand its gold asset holdings, reflecting a proactive approach to asset management [1] Group 2: Product Offerings - In addition to its stablecoin USDT, Tether has launched a gold-backed token, XAUT, which is supported by 1 ounce of physical gold per token [1] - Currently, the total issuance of XAUT is equivalent to 7.7 tons of gold, valued at approximately $819 million, although this remains significantly lower than the liquidity of gold ETFs, which hold nearly 950 tons of gold [1]