Tether has partnered with Ledn to integrate Tether Gold (XAUT) into Ledn's platform, allowing users to trade and hold tokenized gold alongside Bitcoin and stablecoins. Each XAUT token is backed by one ounce of physical gold, with over 700,000 ounces currently supporting the tokens. Later in 2026, Ledn plans to offer gold-backed loans denominated in Tether's stablecoins, USDT and USAT, though these loans won't be available to Canadian or EU residents. This partnership strengthens the crypto lending market by providing a conservative, transparent collateral approach and expands Tether's ecosystem by linking its products more closely together.
Tether is allowing holders of its tokenized gold, Tether Gold (XAUT), to borrow against their gold holdings without selling the asset. This move, in partnership with crypto lender Ledn, mirrors bitcoin-backed lending and unlocks liquidity from Tether...
Bloomberg Intelligence strategist Mike McGlone predicts that Tether (USDT), a dollar-backed stablecoin, may soon overtake Bitcoin as the largest cryptocurrency by market capitalization. This shift is driven by macroeconomic tightening, which favors s...
XRP, Ripple's native token, has fallen 43% year-to-date, hitting an annual low near $1.01 amid a broader crypto market correction. Despite Ripple's ongoing efforts to integrate XRP Ledger into global finance, the token underperforms against competito...
Bloomberg Intelligence strategist Mike McGlone forecasts that Tether (USDT), a dollar-pegged stablecoin, is likely to overtake Bitcoin as the largest cryptocurrency by market value. He highlights the growing dominance of stablecoins reshaping the cry...
Tether's USDT stablecoin briefly overtook Ether to become the second-largest cryptocurrency by market capitalization, reaching about $186.06 billion compared to Ether's $185.66 billion. This rare flip was driven by increased USDT issuance and a falli...
