Tether's latest move is quite interesting—they've tokenized gold too, and by 2026 you'll be able to use XAU₮ as collateral for loans. The boundary between traditional finance and DeFi is getting increasingly blurred.

Coin World News, Tether announced that it will expand its gold support by launching XAU₮ loan services, allowing users to hold and trade tokenized gold on the Ledn platform. Each XAU₮ token represents one ounce of physical gold stored in a Swiss vault. Ledn stated that users can now hold and trade XAU₮, while loan services based on tokenized gold are expected to launch in 2026. Tether's gold reserves have grown significantly over the past year, with the market value of XAU₮ rising from approximately $2.25 billion to over $3.3 billion. Tether CEO Paolo Ardoino said that as digital assets become increasingly important in the global economy, there is growing demand from users for solutions that combine long-term asset ownership with financial flexibility.