cryptonews.net
XAUt0, the omnichain version of Tether Gold, has launched on the Conflux Network, expanding access to tokenized gold in Asia. The deployment was announced by Tether, a digital asset issuer focused on stablecoins and tokenized assets, together with its unified liquidity system USDT0.
The integration brings XAUt0 and USDT0 into the same environment on Conflux Network, a public blockchain connecting Asian markets with global infrastructure. Users and developers can work with both dollar-based liquidity and gold-backed tokens within one network.
XAUt0 is built using LayerZero technology. LayerZero provides the Omnichain Fungible Token standard, which allows assets to move across blockchains without wrapping or splitting liquidity. Each token keeps direct exposure to physical gold, similar to the original $XAUt.
Conflux continues to position itself as a bridge between regulated markets in Asia and the global crypto economy. It remains one of the few public blockchains with regulatory approval for operations in China, supporting regional adoption of blockchain-based finance.
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