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Tether Partners With Ledn to Enable Bullion-Backed Loans Using $23 Billion Gold Reserve and XAUT Tokens

Tether, the world’s largest stablecoin issuer, is putting its vast physical gold holdings to work. The company has partnered with crypto lending platform Ledn to bring its tokenized gold product, Tether Gold (XAUT), onto the platform — with gold-backed loans set to follow later in 2026. The move marks a significant step in Tether’s strategy…

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