6Institutional TransitionProgressed· since 2026-06-28Jun 29, 2026
Tether Deploys $23B Gold Stockpile via Bullion-Backed Loans and XAUT Collateral Lending
Tether announced it is deploying approximately $23 billion in gold reserves through bullion-backed lending, offering crypto-backed loans collateralized by tokenized gold (XAUT). The product represents an expansion of Tether's activity from stablecoin issuance into asset-backed lending.
Additional reporting today confirmed Tether is actively deploying the $23B gold pile into a lending business via crypto-backed loans.
Story timeline · 3 days
- Jun 29, 20266· this storyTether Deploys $23B Gold Stockpile via Bullion-Backed Loans and XAUT Collateral Lending
Additional reporting today confirmed Tether is actively deploying the $23B gold pile into a lending business via crypto-backed loans.
- Jun 28, 20266Tether Deploys $23B Gold Stockpile via Bullion-Backed Loans; Expands Tokenized Gold Lending
Tether's gold reserve deployment now specified at $23B via bullion-backed loans, with Ledn supporting XAUT tokenized gold and a new XAUT gold-collateralized lending service announced.
- Jun 26, 20267Invesco Moves to Tokenize Stablecoin Reserves With T-Bills
Sources · 1
- Tether brings $23B gold push into crypto-backed loanscrypto.news · T2