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Tether and Ledn to offer gold-backed loans using tokenized XAUT
Jun 27, 2026
< 1 min read
by Opeyemi Olanrewaju
for CryptoPolitan
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Tether and crypto lender Ledn plan to let holders of Tether Gold (XAUT) borrow against the metal later this year, creating a lending channel backed by Tether’s $23 billion physical gold reserve. The integration adds DeFi lending utility and collateral demand for XAUT, likely boosting liquidity, adoption and price support for the gold-backed token.
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USDT issuer Tether and crypto lender Ledn have laid out plans to let holders of Tether Gold (XAUT) borrow against the it later in the year, which would open a lending channel taking advantage of the stablecoin issuer’s $23 billion physical gold reserve. Tether partners with Ledn Lending platform Ledn announced it will add XAUT...
