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Tether Tokenizes Gold for Lending
Published 2 weeks, 1 day ago
Description
Tether’s gold-backed token XAUT is now live on lending platform Ledn, letting users collateralize their gold like Bitcoin—unlocking value without selling physical bullion. With $23 billion in physical gold backing XAUT, Tether is leveraging its stablecoin profits to expand into finance, energy, and AI, transforming from a stablecoin issuer into a full-scale crypto infrastructure giant.
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