Tether Gold

Gold

<p>Tether is expanding the use of Tether Gold as crypto lender <a href="https://www.ledn.io/post/hard-assets" rel="noopener noreferrer nofollow">Ledn adds support for XAU₮</a>.&nbsp;</p>
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   <li>Tether is expanding XAU₮ utility by bringing tokenized gold into Ledn’s lending platform this year.</li>
   <li>XAU₮ holders will be able to borrow against gold without selling the underlying tokenized bullion.</li>
   <li>The move follows Tether’s wider shift toward gold, Bitcoin mining, AI, and infrastructure assets.</li>
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<p>The move will let users hold and trade tokenized gold on Ledn, with gold-backed loans expected later this year.</p>
<p>The plan extends Tether’s wider gold strategy at a time when tokenized bullion is gaining more use in crypto markets. Each XAU₮ token represents one fine troy ounce of physical gold stored in Swiss vaults.</p>
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<h2 class="wp-block-heading" id="strong-xau-joins-ledn-s-lending-platform-strong"><strong>XAU₮ joins Ledn’s lending platform</strong></h2>
<p>Ledn said it has added support for XAU₮ alongside Bitcoin, USD₮ and USA₮. The platform said users can now hold and trade XAU₮, while borrowing against the tokenized gold product will come later in 2026.</p>
<p>The product follows the same structure Ledn has used for Bitcoin-backed loans. Users can access liquidity while keeping exposure to the underlying asset instead of selling it for cash.</p>
<p>Ledn said client collateral remains held 1:1 and is not lent out or used to generate yield. That point matters after the 2022 crypto lending failures, when weak risk controls and rehypothecation hurt many customers.</p>
<p>The company said demand is growing for services that combine long-term asset ownership with financial flexibility.&nbsp;</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 <p>“As digital assets become an increasingly important part of the global economy, demand is growing for solutions that combine long-term ownership with financial flexibility,” Tether CEO Paolo Ardoino said.</p>
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<h2 class="wp-block-heading" id="strong-tether-expands-its-gold-strategy-strong"><strong>Tether expands its gold strategy</strong></h2>
<p>Tether Gold has grown sharply over the past year as demand for tokenized gold increased. Tether <a href="https://tether.io/news/tether-gold-surpasses-3-3-billion-as-reserves-surge-36-in-q1-driven-by-flight-to-hard-assets/" rel="noopener noreferrer nofollow">said</a> XAU₮ reserves reached 707,747.139 fine troy ounces by March 31, 2026.</p>
<p>That was up from 520,089.350 fine troy ounces at the end of 2025. Tether said XAU₮’s market value rose from about $2.25 billion to more than $3.3 billion during the first quarter.</p>
<p>The wider $23 billion gold figure refers to Tether’s broader bullion position across its products. Reuters reported that Tether held about <a href="https://www.reuters.com/world/americas/tether-slows-gold-purchases-usdt-reserves-first-quarter-data-shows-2026-05-01/" rel="noopener noreferrer nofollow">132 metric tons of gold for USDT reserves</a> at the end of March, valued near $19.8 billion, while XAU₮ accounted for about 22 tons.</p>
<p>Tether has also moved to focus more on XAU₮ after closing Alloy and aUSDT. As previously <a href="https://crypto.news/tether-shuts-down-alloy-as-xaut-becomes-bigger-gold-bet/" rel="noopener noreferrer nofollow">reported</a>, users can redeem aUSDT and recover XAU₮ until Sept. 17 before Alloy support ends.</p>
<h2 class="wp-block-heading" id="strong-gold-backed-loans-mirror-bitcoin-lending-strong"><strong>Gold-backed loans mirror Bitcoin lending</strong></h2>
<p>Gold-backed lending is not new in traditional finance. Banks, bullion dealers and large financial firms have long used physical gold as collateral.</p>
<p>Tether and Ledn are trying to bring that model into digital asset markets. Tokenized gold can move on blockchain rails while still tracking ownership of physical bullion held in custody.</p>
<p>This setup may appeal to users who want to keep gold exposure but still need liquidity. A borrower could use XAU₮ as collateral and receive stablecoins without selling the gold-backed asset.</p>
<p>The model also gives Tether another way to add use cases around XAU₮. Instead of acting only as a tokenized gold holding, XAU₮ could become collateral inside crypto lending markets.</p>
<h2 class="wp-block-heading" id="strong-tokenized-gold-push-widens-strong"><strong>Tokenized gold push widens</strong></h2>
<p>The Ledn plan follows other recent moves around Tether Gold. Tether and Fasset launched a <a href="https://crypto.news/tether-and-fasset-unveil-visa-card-with-a-gold-rewards-twist/" rel="noopener noreferrer nofollow">Visa card with XAU₮ rewards</a>, allowing eligible users to spend through the card and earn up to 6% cashback in tokenized gold.</p>
<p>That product placed XAU₮ closer to everyday payments. It also showed how Tether is testing uses for tokenized gold beyond storage and trading.</p>
<p>The company has also invested beyond stablecoins. Tether has backed Bitcoin mining, renewable energy projects, AI infrastructure, Gold.com and Antalpha as part of a wider technology and infrastructure push.</p>
<p>For Tether, the Ledn deal gives XAU₮ another practical role. Users may soon be able to borrow against tokenized gold in a structure closer to Bitcoin-backed lending, without giving up exposure to the underlying bullion.</p>
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Tether brings $23B gold push into crypto-backed loans

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