We’re thrilled to announce that XAUt0, the omnichain deployment of Tether Gold (XAUt), is now live on Celo — the Ethereum Layer 2 built for real-world impact.

Celo has selected USDT0 products as the leading interoperability provider for all Tether-based assets. Following Celo’s recent omnichain USDT integration via the Legacy Mesh, XAUt0 brings a new class of value to the network: gold-backed assets that can move across chains without token wrappers or third-party friction.

As a result, Celo users now have a simple, secure way to hold and transfer digital gold. It’s fully backed, ERC-20 compatible, and designed for seamless use across Celo’s efficient, mobile-first ecosystem.

Celo is an Ethereum L2 designed for daily use, with a strong focus on real-world payments and other practical applications. With features like near-instant finality and low-cost transactions, Celo is making crypto accessible in regions where traditional financial infrastructure falls short.

Celo’s unique architecture enables:

• Stablecoin-native gas architecture, allowing users to pay for transactions without needing CELO or ETH

• Fast block times and finality, enabling near-instant transfer confirmations natively and across chains

• Low-cost execution, significantly reducing fees for stablecoin transfers and DeFi activities

• Full EVM compatibility, allowing any Ethereum-based DeFi protocol to integrate omnichain USDT and XAUt0 with minimal changes

User activity on Celo has surged since USDT was first deployed on the network in 2024, with nearly 50% of Celo’s gas fees paid in USDT as of this May. The chain’s recent Legacy Mesh integration further elevated the game by connecting Celo to a deep, omnichain source of USDT liquidity.

Now, with XAUt0 joining the ecosystem, Celo unlocks a new tier of value: borderless access to gold-backed digital assets, fully integrated via the same seamless, cross-chain infrastructure.

As the omnichain deployment of Tether Gold, XAUt0 brings the world’s leading gold-backed digital asset to Celo’s impact-oriented ecosystem. This opens the door to new financial opportunities, from inflation-resistant savings products and gold-denominated lending markets to hybrid vaults that combine the global liquidity of omnichain USDT with the long-term value of physical gold.

With Celo crowning USDT0 as their canonical interoperability provider for USDT and XAUt-based assets, we are jointly creating a new layer of programmable, globally accessible finance. Together, we are giving users more ways to store, move, and build with real-world value — whether you're preserving wealth or powering the next generation of DeFi.