Tether is expanding the use of its tokenized gold, XAU₮, by integrating it into Ledn's lending platform. This allows holders to borrow against their gold tokens without selling the underlying physical gold, enhancing liquidity while maintaining asset exposure. The move reflects Tether's broader strategy to increase gold-related products amid rising demand for tokenized bullion. Ledn plans to enable gold-backed loans later in 2026, following a model similar to Bitcoin-backed lending, providing users financial flexibility with secured collateral held 1:1 in custody.
Abu Dhabi Global Market (ADGM) has recognized Tether Gold (XAUT) as an Accepted Spot Commodity, allowing regulated firms in the financial center to offer services involving the tokenized gold asset. Over the past year, XAUT's locked value surged from...
Russia's State Duma is set to finalize a new crypto regulation bill on July 21 that will license exchanges and brokers under the Bank of Russia's oversight. The bill classifies cryptocurrency as property, allows crypto for cross-border settlements, b...
Tether's USDT stablecoin may face restrictions on U.S. crypto platforms if it fails to comply with the GENIUS Act by the 2028 deadline. The law requires stablecoins to meet strict reserve and regulatory standards, including cooperation with law enfor...
Bitcoin and Ethereum experienced slight net outflows of $21.5 million and $6.3 million respectively, indicating cautious market sentiment. Meanwhile, some mid- and lower-cap altcoins like BankrCoin and OPN attracted targeted inflows, reflecting selec...
Coinbase CEO Brian Armstrong stated that Bitcoin has evolved into a store of value, akin to digital gold, rather than becoming a widely used payment method. Despite efforts like the Lightning Network to improve Bitcoin's transaction speed, its fixed ...
