The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

CryptoMediumUpdated×2•Originally published 26 March 2026•Updated 27 March 2026•

1 min read

Tether Expands XAUT to BNB Chain as Tokenized Gold Market Tops $4 Billion

Jamie Dimon in a suit against a golden world map background with financial charts, a Bitcoin symbol, gold bars, and a rising/falling line graph.

Key Facts

1XAUT (Tether Gold) perpetual futures recorded a record daily trading volume of $6.40 billion on Binance on March 23.

2 months ago

Version History

3 additional sources confirmed this story

Version 22 months ago

What changed: Updated the story to include data on whale accumulation of XAUT and the 20% correction in spot gold prices from their January peak.

Version 12 months ago

What changed: The story was updated to include the launch of XAUT on the BNB Chain, the tokenized gold market surpassing $4 billion, and Tether confirming its 60% market dominance.

Tether has officially launched its gold-pegged token, XAUT, on the BNB Chain as the total market for tokenized gold surpasses the $4 billion milestone. Tether currently dominates this sector, controlling 60% of the market share with a presence across 12 different blockchain networks. This expansion comes at a critical time, as spot gold prices have corrected by more than 20% from their January all-time highs. Despite this price drop, large-scale crypto whales are actively accumulating millions of dollars worth of XAUT tokens, signaling a strong 'buy the dip' sentiment among major players. Market analysts suggest that this institutional accumulation reinforces the role of digital gold as a primary defensive asset. Ultimately, Tether's multi-chain strategy and the recent whale activity solidify XAUT's position as a key tool for capital preservation amid global economic uncertainty.