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Tether is expanding the use of Tether Gold as crypto lender Ledn adds support for XAU\u20ae<\/a>.\u00a0<\/p>\n <\/p>\n The move will let users hold and trade tokenized gold on Ledn, with gold-backed loans expected later this year.<\/p>\n The plan extends Tether\u2019s wider gold strategy at a time when tokenized bullion is gaining more use in crypto markets. Each XAU\u20ae token represents one fine troy ounce of physical gold stored in Swiss vaults.<\/p>\n <\/p>\n Ledn said it has added support for XAU\u20ae alongside Bitcoin, USD\u20ae and USA\u20ae. The platform said users can now hold and trade XAU\u20ae, while borrowing against the tokenized gold product will come later in 2026.<\/p>\n The product follows the same structure Ledn has used for Bitcoin-backed loans. Users can access liquidity while keeping exposure to the underlying asset instead of selling it for cash.<\/p>\n Ledn said client collateral remains held 1:1 and is not lent out or used to generate yield. That point matters after the 2022 crypto lending failures, when weak risk controls and rehypothecation hurt many customers.<\/p>\n The company said demand is growing for services that combine long-term asset ownership with financial flexibility.\u00a0<\/p>\n \u201cAs digital assets become an increasingly important part of the global economy, demand is growing for solutions that combine long-term ownership with financial flexibility,\u201d Tether CEO Paolo Ardoino said.<\/p>\n<\/blockquote>\n Tether Gold has grown sharply over the past year as demand for tokenized gold increased. Tether said<\/a> XAU\u20ae reserves reached 707,747.139 fine troy ounces by March 31, 2026.<\/p>\n That was up from 520,089.350 fine troy ounces at the end of 2025. Tether said XAU\u20ae\u2019s market value rose from about $2.25 billion to more than $3.3 billion during the first quarter.<\/p>\n\n
XAU\u20ae joins Ledn\u2019s lending platform<\/strong><\/h2>\n
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Tether expands its gold strategy<\/strong><\/h2>\n