Tether Gold (XAUT)

Tether's tokenized gold product Tether Gold (XAUT) has been integrated into the crypto lending platform Ledn, and plans to launch XAUT collateral lending services later this year. Tether states that XAUT is backed 1:1 by physical gold stored in a Swiss vault, with each token representing one troy ounce of gold, currently backed by roughly $23 billion worth of gold reserves. Ledn says that XAUT used as collateral will continue to be custodial at a 1:1 ratio and will not be lent out or used to generate yield. (CoinDesk) https://t.co/nD24Qhoglh

🚨TETHER'S $23 BILLION GOLD RESERVE TO TURN INTO COLLATERAL Tether is expanding the use of Tether Gold, or XAUT, by bringing the tokenized gold product to crypto lender Ledn. Ledn will now support XAUT alongside BTC and USDT, with borrowing against XAUT expected later this year. Each XAUT token represents one troy ounce of gold stored in Swiss vaults.

Tether's gold reserves have reached $23 billion, and now it is entering the world of digital lending. The Ledn platform has added support for XAUT, Tether's gold-backed token, with expectations of launching gold-backed loans soon. This move strengthens the position of digital gold as a real financial instrument, not just a store of value.

🚨 China tightens gold trading $XAUT Several major Chinese banks have decided to stop personal gold and precious metal trading starting from July 24, 2026. The decision is part of risk management measures following recent declines in gold prices https://t.co/0iljLa8kt9

⚡️ UPDATE: Antalpha bought $241M in $XAUT, saw profits peak near $100M, and is now back to $50M in gains, per Arkham. https://t.co/i9PrhBsfR7

Wu says he learned that, according to Arkham monitoring, the crypto lending service provider Antalpha (backed by Bitmain) has experienced a paper profit retracement on its investment in Tether's gold token XAUT. Antalpha previously purchased $241 million worth of XAUT at an average price of $3,693. At the price peak, its paper profit once reached $100 million, but subsequent market fluctuations caused a $50 million profit retreat, reducing the floating gain to $50 million. The market is watching whether the company will sell its remaining position or continue holding, facing the risk of a full profit reversal. https://t.co/Jr5W2eWW5u

Technorevenant linked wallet, sold XAUT and bought BNB https://t.co/0dDuctjlbj https://t.co/PwjnXjJqQZ

A wallet linked to TechnoRevenant sold 492 $XAUT for $2.05M at $4,179, and bought 3,457 $BNB at $595. https://t.co/z7xrwZGCTT https://t.co/f0qSouwXGN

Ledn accepts tokenized gold XAUt as collateral for loans The Ledn lending platform now allows users to use Tether Gold (XAUt) as collateral to borrow the stablecoins USDT or USAt, without having to sell the gold. The collateral is maintained at a one-to-one ratio and is not re‑collateralized. This is an expansion beyond Ledn's previous Bitcoin‑based lending model, in a market where tokenized real assets exceed $43 billion USD, with gold accounting for nearly 17% of the total market share.