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Tether Expands Use of $23 Billion Gold Reserve as Ledn Adds XAUT Support
@CoinDesk reported that Tether is broadening applications for its gold holdings. Crypto lender Ledn will support the XAUT tokenized gold product. Gold-backed loans using the token are planned for later in 2026.
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Tether is expanding the use of its $23 billion gold reserve through new integrations in the crypto lending sector. @CoinDesk reported that crypto lender Ledn is adding support for Tether’s tokenized gold product XAUT. Gold-backed loans using XAUT are expected later in 2026.
The move builds on Tether’s existing gold holdings, which stand at $23 billion. @CoinDesk reported the development as the latest step in applying the reserve to additional financial products within cryptocurrency markets.
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