Ledn adds Tether Gold as loan collateral, expanding Bitcoin-backed lending model
Ledn has added Tether Gold (XAUt) as loan collateral, letting users borrow against tokenized gold instead of selling it. The platform says collateral is held one-to-one and is not rehypothecated or used for yield. Loans are made and repaid in Tether’s USDT or USAt stablecoins, with no required monthly payments and repayment allowed at any time. The product is being rolled out in most jurisdictions where Ledn operates, excluding Canada and the EU. The move expands crypto-backed lending beyond Bitcoin and reflects rising interest in tokenized real-world assets, especially commodities. Tokenized financial assets have grown above $43 billion, with commodities making up a significant share. Tether Gold has also benefited from gold’s price rally, as investors look for liquidity without triggering a taxable sale.
