Tether Unlocks $23 Billion Gold Reserve With Bullion-Backed Lending Program
Tether is monetizing its massive gold stockpile by partnering with crypto lender Ledn to offer borrowing against tokenized gold, a move that mirrors bitcoin-backed lending models and gives holders of Tether Gold (XAUT) access to liquidity without selling their underlying bullion. The stablecoin issuer said Ledn will add support for XAUT alongside bitcoin and Tether’s…
