🏦 Tether Expands Gold-Backed Lending With Tokenized Gold Collateral Tether has partnered with crypto lending platform Ledn to allow holders of XAUT — Tether’s tokenized gold product — to use their gold-backed tokens as collateral for loans without needing to sell their gold.

🥇 Each XAUT token represents one troy ounce of physical gold stored in Swiss vaults, with Tether currently holding around $23 billion worth of physical gold reserves backing the product.
💰 The model works similarly to Ledn’s long-running Bitcoin-backed lending service, where collateral remains fully reserved and is not rehypothecated or lent out again.
📈 The move is part of Tether’s broader long-term expansion strategy, as the company continues using profits generated from USDT to invest across multiple sectors including:
• energy
• Bitcoin mining
• AI infrastructure
• and financial services
🌍 The partnership also reflects growing interest in tokenized real-world assets (RWAs), especially products combining:
• traditional stores of value like gold
• with blockchain-based liquidity and lending infrastructure.
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