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ResolvedCrypto

Bybit Launches Tether Gold Options Market to Expand Crypto-Commodity Hedging

First Detected: Jun 16, 2026, 6:03 AM
Last Update: 3 months ago
19 articles·3 stories

Event Summary

Bybit has launched a dedicated options market for Tether Gold (XAUT), a cryptocurrency backed by physical gold, with contracts settled in USDT. These new options allow traders to hedge risks and speculate on gold prices within the crypto-commodity space. Meanwhile, Tether announced it is winding down its gold-backed derivative stablecoin, aUSDT, to shift focus toward products with higher market demand.

Timeline

Tether to Discontinue Gold-Backed aUSDT Stablecoin in Strategic Shift
Jun 18, 2026, 3:46 AMImpact: 4
Bybit Launches Tether Gold Options Market to Expand Crypto-Commodity Hedging
Jun 16, 2026, 6:03 AMImpact: 4

Price Impact

Since event start
XAUT+3.02%
XAUT+3.02%