Tether’s roughly $20 billion gold position is moving toward lending use after Ledn said it will accept Tether Gold (XAUT) as eligible collateral. According to NS3.AI, Ledn expects loans denominated in USDT and USAT to go live later in 2026.
Ledn said the product will not be available to residents of Canada or the European Union. The company has not published specific loan-to-value (LTV) ratios for XAUT-backed borrowing.
Tether's XAUT Becomes Eligible Collateral at Ledn as Gold-Backed Lending Plans Take Shape
2026-07-13 13:22:32
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