USDT0, the unified liquidity network for Tether's stablecoin USDT, has announced the launch of XAUt0, the omnichain deployment of Tether Gold (XAUt), on the Conflux Network. This strategic move, announced on April 9th, 2026, brings tokenized gold to one of Asia's key blockchain ecosystems, allowing developers and users to access both dollar-denominated stablecoin liquidity and gold-backed digital assets within a single, borderless environment.
The launch means XAUt0 now joins USDT0 on Conflux, providing builders with programmable access to two globally trusted monetary forms. "As tokenized assets continue to move onchain, access to trusted monetary instruments becomes increasingly important," stated Lorenzo Romagnoli, Co-Founder of USDT0 and XAUt0. "By bringing XAUt0 to Conflux, we're expanding the reach of tokenized gold and enabling developers to integrate a historically trusted store of value directly into cross-chain financial applications."
Technically, XAUt0 extends Tether Gold's functionality using LayerZero's Omnichain Fungible Token (OFT) standard. This enables seamless movement of gold balances across supported blockchains without relying on wrapped tokens or fragmented liquidity pools. Each XAUt0 token maintains the same exposure to physical gold as the original XAUt.
The integration unlocks several new use cases for the Conflux ecosystem, including: seamless cross-ecosystem value movement using omnichain gold liquidity, gold-backed collateral for lending markets and structured products, payment models incorporating tokenized commodities, and cross-chain trading strategies that combine gold exposure with stablecoins and other digital assets.
The launch capitalizes on Conflux's unique regulatory position as the only public, permissionless blockchain with approval for use in China. This makes it a strategic bridge between Asian markets and global blockchain infrastructure. "With XAUt0 joining USDT0 on Conflux, our ecosystem gains access to a diversified set of omnichain assets that developers can build around," said Yuanjie Zhang, Co-founder and COO of Conflux Network. "Tokenized gold alongside stablecoin liquidity opens the door for new financial applications that combine stability, liquidity, and global accessibility."
The initiative is managed by Everdawn Labs, a software development consultancy that operates USDT0 and XAUt0 and contributes to Tether's Alloy project. Conflux Network itself is a Layer 1 blockchain using a hybrid PoW/PoS consensus, known for its regulatory compliance in China and partnerships with entities like Shanghai, China Telecom, and major brands.
