CoinDesk••1 min read
Tether putting $23 billion gold stockpile to work with bullion-backed loans
The Signal TakeBullish
The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the underlying asset.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
U.S. senators seek to block foreign adversaries from AI technology in new bill
CoinDesk•3h ago
Trump pocketed more than $1 billion from crypto ties as industry headed toward slump
CoinDesk•4h ago
Bitcoin just $5K away from ‘best investment opportunity’ of bear market
Cointelegraph•5h ago
Binance, Changpeng Zhao Sued for $200M by British Investors: Reuters
Decrypt •5h ago