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2026-06-28 21:55:21 UTC

rwatimes on Nostr: 📰 Tether brings $23B gold push into crypto-backed loans 🗓️ Jun 28 2026 14:12 ...

📰 Tether brings $23B gold push into crypto-backed loans
🗓️ Jun 28 2026 14:12 UTC - Olivia Stephanie

Tether is expanding XAU₮ with Ledn support as gold-backed loans are planned, giving holders a way to borrow without selling tokenized bullion.

➤ Tether is expanding the utility of its tokenized gold (XAU₮) by partnering with crypto lender Ledn, allowing users to borrow against their tokenized gold.
➤ This initiative integrates tokenized gold into Ledn's lending platform, mirroring the model used for Bitcoin-backed loans, and aims to provide liquidity without requiring users to sell their underlying gold assets.
➤ The move is part of Tether's broader strategy to increase use cases for XAU₮ beyond simple storage and trading, positioning it as collateral within crypto lending markets.

#tethergold #xaut #ledn #tokenizedgold #goldbackedloans #collateral #stablecoins #cryptolending #tether #bullion

🔗 Read more at: https://rwatimes.io/articles/crypto-tether-brings-23-b-gold-push-into-crypto-backed-loans-3160151577