Tether has launched a gold-backed stablecoin XAUT on the TON platform, expanding the use of Telegram's blockchain for tokenized assets.
Launch of Gold-Backed Stablecoin XAUT on TON
Tether, the issuer of USDT and XAUT, has officially launched a gold-backed stablecoin on the TON platform. This event marks the integration of gold assets into Telegram's blockchain, which has approximately 900 million users.
Key Features and Use Cases
The TON platform, optimized for the Telegram ecosystem, now provides the ability to use tokenized gold. Here are the main features of this new integration:
* **900M+ Users on Telegram**: integration of TON into the Telegram wallet allows for gold-backed payments as easy as sending messages. * **RWA Integration**: gold-backed tokens add stability and credibility to the TON ecosystem. * **Borderless Finance**: users in countries with unstable currencies can now store and transfer digital gold using TON and Telegram. * **DeFi Potential**: with XAUT's launch, developers can create lending, borrowing, and savings products using tokenized gold as collateral.
TON Price Prediction for 2030
Currently, the price of TON stands around $3.24, with a market cap of approximately $8.02 billion. If TON becomes the primary platform for tokenized money transfers and DeFi, significant demand for tokens is projected. Possible forecast scenarios include:
**Scenario 1: 65% Probability** – TON becomes the standard for tokenized gold settlements, with potential price increases to $25–35 and a market cap reaching $85–120 billion.
**Scenario 2: 30% Probability** – TON expands to other tokenized assets, reaching prices of $50–70 and a market cap of $120–180 billion. This would require deeper institutional integrations and global recognition of TON as a secure platform.
The integration of the XAUT stablecoin into TON could mark a new era for tokenized assets and borderless financial transactions, positively impacting both the platform and its token's growth.