Ledn Expands Lending Services with Tether Gold as Collateral
- Ledn now allows clients to use Tether Gold (XAUt) as collateral for loans, similar to Bitcoin.
- Loans can be issued and repaid in Tether’s USDT or USAt stablecoins without scheduled monthly payments.
- The market capitalization of Tether Gold peaked at approximately $2.89 billion this year.
- Tokenized financial assets have surpassed $43 billion, with commodities comprising nearly 17% of the market.
- Tether Gold’s value increased significantly as gold prices reached record highs above $5,600 per troy ounce earlier this year.
The introduction of Tether Gold as loan collateral provides investors a way to access liquidity without triggering taxable sales, reflecting a trend towards integrating real-world assets into digital finance.
With the addition of XAUt, Ledn enhances its offerings in the growing tokenization market, where commodities are increasingly significant, especially as their share reaches nearly $43 billion in total tokenized assets.
