📰 Tether.io is sitting on around 140 tonnes of gold, and this week it decided not to sell any of it.
🗓️ Jun 30 2026 13:03 UTC - Simon Weifenbach
Tether.io is sitting on around 140 tonnes of gold, and this week it decided not to sell any of it.
Instead, per CoinDesk, it has brought tokenized gold (XAU₮) to the crypto lender Ledn, so holders can borrow against it later this year.
The bullion stays in the vault, the owner gets liquidity. Ledn says it keeps that collateral one-to-one rather than lending it out, which is the detail separating this from the lenders that blew up in 2022.
What's actually new here is operational. A physical co...
➤ Tether has launched tokenized gold (XAU₮) on crypto lender Ledn, allowing holders to borrow against their gold without selling it.
➤ This initiative enables physical gold to be used as collateral, providing liquidity while the bullion remains in vaults.
➤ The article highlights tokenization and traditional securities as methods to make non-bankable assets like gold more financeable and usable.
#tether #tokenizedgold #xaut #ledn #collateral #liquidity #physicalcommodity #securities #privatecredit #assetization
🔗 Read more at: https://rwatimes.io/articles/linkedin-tether-io-is-sitting-on-around-140-tonnes-of-gold-and-this-week-it-decided-not-to-sell-any-of-it-1718733391
🗓️ Jun 30 2026 13:03 UTC - Simon Weifenbach
Tether.io is sitting on around 140 tonnes of gold, and this week it decided not to sell any of it.
Instead, per CoinDesk, it has brought tokenized gold (XAU₮) to the crypto lender Ledn, so holders can borrow against it later this year.
The bullion stays in the vault, the owner gets liquidity. Ledn says it keeps that collateral one-to-one rather than lending it out, which is the detail separating this from the lenders that blew up in 2022.
What's actually new here is operational. A physical co...
➤ Tether has launched tokenized gold (XAU₮) on crypto lender Ledn, allowing holders to borrow against their gold without selling it.
➤ This initiative enables physical gold to be used as collateral, providing liquidity while the bullion remains in vaults.
➤ The article highlights tokenization and traditional securities as methods to make non-bankable assets like gold more financeable and usable.
#tether #tokenizedgold #xaut #ledn #collateral #liquidity #physicalcommodity #securities #privatecredit #assetization
🔗 Read more at: https://rwatimes.io/articles/linkedin-tether-io-is-sitting-on-around-140-tonnes-of-gold-and-this-week-it-decided-not-to-sell-any-of-it-1718733391
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