Table of Contents
Banxa has deepened its collaboration with Tether to list two additional digital assets on its global on and off-ramp platform: Tether Gold (XAUT) and the USAT stablecoin. These assets are now available to buy and sell through Banxa’s network of web3, exchange, and blockchain ecosystem partners.
Miami, United States, May 4, 2026.
Banxa, a global crypto infrastructure provider, today announced Consensus Miami its continuous support for Tether with the listing of Tether Gold (XAUT) and USAT (USA₮) stablecoin on its platform.
The addition broadens the range of tokenized assets available to Banxa’s partners and millions of users worldwide, and accessible across its 38 US-licensed states.
Tether Gold: The Market Leader in Digital Gold
Tether Gold (XAU₮) leads the tokenized precious metals sector with a market cap exceeding $2.6 billion. Each token represents ownership of one fine troy ounce of physical gold meeting London Bullion Market Association (LBMA) standards.
The tokenised gold segment has expanded to more than $5.5 billion, supported by rising prices in real-world gold (GLD) and growing interest in tokenized RWA. Gold prices posted continuous gains in 2025, climbing as much as 55% to surpass $4,000/oz for the first time in October.
Tether Gold and Pax Gold (PAXG) are the two largest tokenised gold products in the crypto market, with a combined market capitalization close to $5 billion.
USAT (USA₮): Tether’s US Dollar Backed Stablecoin
Recently launched in January, USAT is designed for the US market and operates within the framework of the GENIUS Act, issued by Anchorage Digital Bank, N.A. Prominent American financial services firm, Cantor Fitzgerald, acts as the designated reserve custodian, ensuring secure asset management and clear visibility into reserves.
Stablecoin Growth Continues
Stablecoins have continued to experience increased adoption, with total circulating supply exceeding $300 billion and transaction volume reaching over $33 trillion in 2025. Growth has been driven by expanding use cases trading, payments, cross-border transactions, including advancing institutional infrastructure.
“The expansion of our collaboration with Tether reflects where our partners and millions of users are heading. Gold is breaking records. US-regulated stablecoins are arriving. Banxa is already licensed across most US states and we’re active globally - we're making it easier for our partners to offer high-demand onchain assets, compliantly and without friction” - Shaun Heng, Chief Growth Officer, Banxa.
Banxa’s US Regulatory Coverage
Banxa (operating as BNXA USA MTL Inc.) holds Money Transmitter Licences across 38 US jurisdictions, including the newly acquired Pennsylvania licence secured in April this year, and is registered with FinCEN as a Money Services Business.
Through this coverage, US partners and users can access XAUT, USAT and over 300 cryptocurrencies, through a domestically licenced, compliant on-ramp with popular local payment methods: ACH wire transfers, Visa, Mastercard, Google Pay, Apple Pay and more.
XAUT and USA₮ are now live on:
About Banxa
Banxa, an OSL company, is the leading provider of embedded crypto infrastructure, powering seamless integration of digital assets into existing platforms.
Over the past decade, we’ve built global and local payment solutions, backed by an international licensing network, enabling 400+ businesses to deliver crypto and stablecoin access to millions of users around the world.
Headquartered in the United States, Europe, and Asia-Pacific, Banxa is reshaping the way we move money worldwide, with regulatory confidence, speed, and efficiency.
One network. Local everywhere.
Website: banxa.com
About Tether Gold (XAU₮)
Tether Gold (Gold) is a digital asset offered by TG Commodities, S.A. de C.V. One full XAU₮ token represents one troy fine ounce of gold on a London Good Delivery bar.
The token can be traded or moved easily at any time, anywhere in the world, and can be transferred to any on-chain address from the purchaser’s Tether wallet, where it is issued after purchase. The allocated gold is identifiable with a unique serial number, purity, and weight, and is redeemable in the form of physical gold.
About USA₮
USA₮ is a U.S.-regulated dollar-backed stablecoin that Tether, the global leader in stablecoin technology, is supporting. Purpose-built to serve the U.S. market and support American regulatory standards, USA₮ is the foundational rail for the next generation of American commerce, trade, and finance.
Tether’s support for USA₮ underscores its commitment to driving U.S. dominance and leadership in the evolving digital asset economy. As part of the broader Tether ecosystem, USA₮ will set a new benchmark in the U.S. for utility-driven stablecoins designed to deliver long-term value, strong governance, and real-world applications.
About Tether Investments
Tether Investments is the independent investment arm of Tether, the largest company in the digital assets industry. Based in El Salvador, the firm deploys capital from Tether's profits and excess reserves across a wide range of sectors where technology, infrastructure, and real-world utility intersect.
Its portfolio includes investments in artificial intelligence, financial services, energy, biotechnology, education, and digital media, as well as strategic stakes in industries such as commodities, remittances, and sports and entertainment. Tether Investments supports ventures with long-term potential to improve access, efficiency, and resilience in both emerging and developed markets.
Its work supports Tether Group's broader mission to strengthen decentralized systems, promote infrastructure resilience, and expand real-world access to open, transparent technologies.
Media Contact:
Debbie Yuen
marketing@banxa.com
