📰 News28 June 2026·3 min read·
Tether putting $23 billion gold stockpile to work with bullion-backed loans
Source: CoinDesk
Stablecoin issuer Tether is extending its tokenized gold strategy by allowing holders of its XAUT token to borrow against their gold holdings, mirroring bitcoin-backed lending without requiring asset liquidation. The move puts Tether's $23 billion gold stockpile to productive use.
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