Tether Deploys $23B Gold Stockpile via Bullion-Backed Loans; Expands Tokenized Gold Lending
Tether announced it is deploying approximately $23 billion in gold reserves through bullion-backed lending services, extending the company's asset strategy beyond stablecoin reserves. Tether also launched an XAUT gold-collateralized lending service, with Ledn separately announcing support for the tokenized gold product.
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.
Story timeline · 3 days
- Jun 29, 20266Tether 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, 20266· this storyTether 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 · 3
- Tether will launch XAUT gold-collateralized lending service, further expanding the applications of tokenized gold.lookonchain.com · T2
- Tether expands gold reserve use as Ledn supports tokenized gold XAUTcryptobriefing.com · T2
- COINDESK: Tether putting $23 billion gold stockpile to work with bullion-backed loanscoindesk.com · T2