XAUT Loans Put Tether Gold to Work: Bullion Tokens Enter the Crypto Credit Market
XAU₮ credit markets are live on Nexo and OKX while Ledn prepares gold-backed loans. Q1 2026 backing was 707,747 oz of gold. Here are the key trade-offs.
Crypto News·
Tether is expanding XAU₮ with Ledn support as gold-backed loans are planned, giving holders a way to borrow without selling tokenized bullion.
Read full articleXAU₮ credit markets are live on Nexo and OKX while Ledn prepares gold-backed loans. Q1 2026 backing was 707,747 oz of gold. Here are the key trade-offs.
The integration of tokenized gold into crypto lending could enhance financial flexibility and diversify investment options, impacting market dynamics. The post Tether expands gold reserve use as Ledn supports tokenized gold XAUT appeared first on Crypto Briefing.
Tether briefly moved above Ethereum by market capitalization during a sharp ETH drawdown, marking a symbolic risk-off moment for crypto traders.
USDT has drawn level with ether for the second-largest cryptocurrency by market cap, briefly overtaking it earlier in June. Rising stablecoin issuance is meeting a falling ether price.
Tether’s USDT stablecoin briefly overtook ether to become the second-largest cryptocurrency by market capitalization, reaching about $186.06 billion against ether’s $185.66 billion. Stablecoin issuance and a slumping ether seem to be the primary drivers behind this otherwise rare flip. Issuance Up, Ether Price Down The crossover put USDT ahead of ether ( ETH), the native […]
Tether’s USDT briefly topped ETH by FDV as Ethereum hit a 2026 low, showing stablecoin strength while Ethereum faces market and internal pressure.
Ether prices are currently back at crucial long-term support levels last visited in October 2023 and April 2025.
The payments company announced on Tuesday native integration with Brazil’s fast payment network Pix, allowing users to purchase and spend USDT with Oobit’s platform. The action targets a market of over 170 million users part of the Pix network. Oobit Expands USDT Rails to Brazil’s Pix Network, targets 170 Million Potential Users Oobit, a payments […]