Tether has launched XAUt on BNB Chain, while Binance has listed spot trading pairs for the gold-backed token. XAUt’s market cap is near $3.2 billion and is backed by about 1,800 gold bars stored in Swiss vaults.
Crypto market cap dropped 3.1% to $2.37 trillion on March 28. BTC and ETH both lost over 3.8%. Fear & Greed Index hit 12 (extreme fear). SIREN plunged 39.8%, while DeXe gained 3%.
Binance Wallet has launched Season 2 of the Unitas Booster Earn campaign, opening access for eligible users through its wallet interface. During the event, users can deposit XAUt and receive XGLD on BNB Chain. While earning yield from XGLD, participants can also share in an incentive pool of UP tokens valued at $150,000. XGLD is described as a yield-bearing gold asset issued by Unitas, designed to let users earn returns while holding gold exposure. The campaign is available to eligible users via Binance Wallet, according to the announcement cited by Foresight. No additional participation window or eligibility details were disclosed in the provided source.
Tether has made a strategic investment in LayerZero Labs, linking the deal to USDt0’s cross-chain expansion. The company said USDt0 has handled over $70 billion in transfers in less than 12 months.
Tether now holds over 140 tons of gold worth $24B, becoming the largest private holder outside banks and governments; XAUt dominates 50%+ of gold-backed stablecoin market.
Tether makes a strategic investment in LayerZero Labs, backing the protocol behind USDt0's $70 billion cross-chain volume. Integration with WDK powers AI-driven wallet autonomy.
Kraken has listed trading support for Tether Gold (XAUt), adding a tokenized commodity option to its spot market lineup. The exchange said the move gives users a way to access commodity-linked assets through crypto infrastructure, broadening the range of instruments available to traders on the platform. According to Kraken, gold-backed tokens sit at the intersection of crypto markets and the traditional safe-haven narrative. The listing is also intended to improve liquidity and accessibility for commodity tokens, making it easier for market interest around the theme to translate into actual trading activity. For traders looking to diversify holdings, the addition of XAUt introduces another route to gain exposure without leaving the crypto-native trading environment. The update was carried by Techub News, which cited Bitcoinist.
Aave V4 went live on Ethereum mainnet, introducing a hub-and-spoke architecture that enables RWA-collateralized loans and fixed-rate products without fragmenting liquidity. Initial spokes include Lido, Ethena, and Lombard. Chainlink serves as exclusive oracle, and a new pro interface, Aave Pro, also launched.
