Tether CEO: XAUT Equivalent to 94 Tons of Gold Transferred On-Chain in Past 6 Months, with Fees as Low as 0.0016%

Odaily News Tether CEO Paolo Ardoino stated on the X platform that over the past six months, tokenized gold XAUT equivalent to 94 tons of gold has been transferred on-chain, with total fees amounting to only 0.0016%. (Note: XAUT is a tokenized asset issued by Tether that is pegged to physical gold, allowing users to transfer gold ownership on the blockchain.) In contrast, transporting physical gold within the traditional system often incurs millions of dollars in logistics and security costs for central banks. Tokenized gold enables near-instant settlement and extremely low-cost transfers, highlighting the advantages of on-chain assets in cross-border flow efficiency.