💦 Quick Q&A: What is XAUt0?
XAUt0 is the omnichain (multichain) version of Tether Gold (XAU₮) – a digital gold token issued by Tether.
🔸 Each XAUt0 represents ownership of 1 troy ounce of real physical gold (approximately 31.1g of 99.99% gold), securely stored in a vault in Switzerland.
🔸 Backed 1:1 by real gold, it can be verified and redeemed (exchanged for physical gold) as per regulations.
🌟 Unlike the original XAU₮ (primarily on Ethereum, Tron...), XAUt0 is deployed on multiple blockchains (including Celo, and other chains via unified liquidity protocol), enabling faster, cheaper, and more convenient transactions.
🌟 Currently, XAUt0 has been integrated into Opera's MiniPay wallet on Celo. Over 12 million users can easily "buy digital gold," storing value against inflation with just a few taps on their phones.
