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Ledn to launch Tether Gold-backed loans, boosting tokenized gold as a stable alternative to Bitcoin amid inflation concerns.

Market News
19 Oct 2026, 23:09 WIB
Kitco
View Source
Bullish
Ledn to launch Tether Gold-backed loans, boosting tokenized gold as a stable alternative to Bitcoin amid inflation concerns.

Ledn CEO Adam Leeds announced the upcoming launch of Tether Gold-backed loans, aiming to offer a stable, tokenized gold asset that can be borrowed against globally. This move addresses inflation and jurisdictional risks by providing a standardized, digital claim on physical gold stored in Swiss vaults, making gold accessible like Bitcoin but with less volatility. Leeds highlights growing investor interest in combining gold and Bitcoin to diversify risk and preserve wealth, especially as inflation pressures and economic uncertainties persist. The loans are expected to launch by the end of the year, offering a new way for investors and small businesses to protect assets and borrow responsibly against non-yielding assets.

The story on Ledn's new Tether Gold-backed loans comes as Pluang's market breadth shows 63 of 150 US stocks rose while 86 fell. Notable movers include Sea Limited (SE) at USD 88.68 with a 5.43% drop and a typical hold time of 103 days, Shopify Inc. (SHOP) at USD 168.75 down 5.27%, and Snap Inc. (SNAP) at USD 6.10 down 5.21%. This snapshot is as of Oct 20, 2026 03:01 WIB.

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