Tether's Tokenized Gold Transfers Highlight Efficiency in Cross-Border Movement

Tether CEO Paolo Ardoino announced on the X platform that over the past six months, tokenized gold equivalent to 94 tons has been transferred on-chain, incurring a total fee of only 0.0016%. According to ChainCatcher, this contrasts sharply with the traditional system where central banks spend millions on logistics and security to transport physical gold. Tokenized gold enables nearly instant settlement and low-cost transfers, showcasing the advantages of on-chain assets in cross-border movement efficiency. XAUT, issued by Tether, is a tokenized asset pegged to physical gold, allowing users to transfer gold ownership on the blockchain.