Tether brings $23B gold push into crypto-backed loans
Tether is expanding XAU₮ with Ledn support as gold-backed loans are planned, giving holders a way to borrow without selling tokenized bullion.
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Tether is expanding XAU₮ with Ledn support as gold-backed loans are planned, giving holders a way to borrow without selling tokenized bullion.
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.