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# XAUtO
220
ManuStha
Tether just teamed up with the #TON Foundation to roll out XAUtO ,a new omnichain version of its gold-backed stablecoin. It’s built using LayerZero’s OFT standard, which basically means you’ll be able to move it across different blockchains easily. Right now, the original gold token #XAUt ,is only available on #ETH and has over $832 million in circulation. So far, #TON is the first to get #XAUtO , but they haven’t said which other blockchains are next.
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