Tether is expanding the use of Tether Gold as crypto lender Ledn adds support for XAU₮.
Summary
- Tether is expanding XAU₮ utility by bringing tokenized gold into Ledn’s lending platform this year.
- XAU₮ holders will be able to borrow against gold without selling the underlying tokenized bullion.
- The move follows Tether’s wider shift toward gold, Bitcoin mining, AI, and infrastructure assets.
The move will let users hold and trade tokenized gold on Ledn, with gold-backed loans expected later this year.
The plan extends Tether’s wider gold strategy at a time when tokenized bullion is gaining more use in crypto markets. Each XAU₮ token represents one…
