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>>XAUt0 debuts on Conflux, introducing omnichain tokenized gold to Asia’s blockchain hub.

XAUt0 debuts on Conflux, introducing omnichain tokenized gold to Asia’s blockchain hub.

crypthub

about 20 hours ago

Launch of XAUt0 on Conflux

XAUt0, the omnichain version of Tether Gold, launches on Conflux, joining USDT0. The move lets developers use a USD‑stablecoin and a gold‑backed token in one cross‑chain environment. It expands tokenized gold access across Asia’s connected blockchain ecosystem.

Seamless Cross‑Chain Functionality

XAUt0 uses LayerZero’s OFT standard, enabling gold‑linked balances to move across chains without wrapped tokens. Each token keeps the same physical‑gold exposure as XAUt. This enables gold‑collateral for lending, payments and combined gold‑stablecoin trading.

Strategic Impact and Partners

Conflux, the only public blockchain with Chinese regulatory approval, serves as a bridge to Asian markets. Hosting XAUt0 and USDT0 gives the network diversified omnichain liquidity for resilient finance apps. XAUt0 and USDT0 are operated by Everdawn Labs; more details are on their websites.