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Tether Gold integrates with crypto lending platform Ledn, planning to launch XAUT collateralized lending services this year.

2026-06-28 01:35:09

Mars Finance News, Tether stated that XAUT is backed 1:1 by physical gold stored in Swiss vaults, with each token corresponding to 1 troy ounce of gold, currently representing approximately $23 billion in gold reserves. Ledn stated that XAUT used as collateral by users will continue to be held in custody on a 1:1 basis and will not be lent out or used to generate returns.

XAUT-0.06%

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