🥇 TETHER JUST PUTS ITS $23 BILLION ON THE LINE IN GOLD TO WORK.
And this changes everything for holders of
$XAUT . 👀
⚡ WHAT HAPPENED:
Tether partnered with Ledn to bring XAUT to its lending platform—allowing gold holders to take out loans using their gold as collateral, without having to sell it The Defiant
Each XAUT token represents one troy ounce of physical gold stored in Swiss vaults. Tether has accumulated approximately 140 metric tons of physical gold—making it one of the largest corporate gold holders in the world 🏦 Datawallet
🔐 THE DETAIL THAT MAKES IT DIFFERENT:
Collateral is kept at a 1:1 ratio—no rehypothecation, no using it to generate its own yield The Defiant
Ledn survived the 2022 collapse—when Celsius, BlockFi, and Voyager fell due to aggressive rehypothecation—precisely because of this conservative approach 🛡️ BingX
💰 THE LOANS:
Gold-backed loans will be denominated in USDT and the new USAT—even though they won’t be available to residents of Canada or the EU QuickNode
Tokenized gold offers a different risk profile than BTC as collateral—potentially reducing liquidation risk due to lower volatility ⚖️ Phemex
🌐 THE BIG PICTURE:
PAXG, the closest competitor to XAUT in tokenized gold, currently doesn’t have a comparable lending integration—giving Tether a first-mover advantage 🎯 BingX
Paolo Ardoino summed it up like this: "Demand is growing for solutions that combine long-term ownership with financial flexibility" The Defiant
Physical gold has been the world’s reserve asset for centuries.
Tether just brought it on-chain with real liquidity. 🌐
Do you think XAUT can take on PAXG and become the standard for tokenized gold in DeFi? 👇
#Tether #XAUT #OroTokenizado #RWA $PAXG