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Tether Turns $23 Billion Gold Reserve Into Loan Collateral
NEWSJUN 28, 2026
Tether Turns $23 Billion Gold Reserve Into Loan Collateral
Tether is expanding the utility of its bullion holdings by enabling borrowing against Tether Gold, or XAUT, through crypto lender Ledn. The move mirrors bitcoin-backed lending and could open a new stream of liquidity for gold holders without forcing a sale.