Upbit to Launch Gold-Backed XAUT Trading Pairs on January 1, 2026
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 01 2026- Trading Pair Launch: Upbit has announced the launch of XAUT (Tether Gold) trading pairs against KRW, BTC, and USDT starting January 1, 2026, which is expected to significantly enhance market liquidity and meet investor demand for gold-backed digital assets.
- Asset Support Innovation: XAUT is backed by 1 troy ounce gold bars, marking a shift towards asset-backed tokens that aligns with regulatory trends under the OECD Crypto-Asset Reporting Framework, potentially impacting the liquidity dynamics of related currencies.
- Market Impact: This listing will provide new liquidity avenues for retail and institutional traders, promoting portfolio diversification and potentially altering trading habits as it is priced in KRW, BTC, and USDT to cater to varied investor preferences.
- Strategic Positioning: This initiative solidifies Upbit's position as a leading platform for asset-backed tokens while potentially incentivizing other exchanges to explore compliance collaborations with issuers like Tether in response to evolving global regulations.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
