Ledn Integrates Tether Gold as Collateral in Crypto Lending
- Ledn now supports Tether Gold (XAU₮) as collateral for loans.
- Borrowers can access liquidity against XAU₮ without selling it outright.
- Collateral is held on a non-rehypothecation basis, maintaining a cleaner risk profile.
- The service excludes residents of Canada and the European Union.
Ledn’s addition of Tether Gold to its collateral options expands its lending model beyond Bitcoin-backed loans, integrating real-world assets into crypto markets. This move aligns with the trend of tokenizing traditional financial assets to enhance their utility in digital finance.
By offering XAU₮ as collateral, Ledn provides borrowers with an alternative that combines the stability of gold with the flexibility of digital assets, although geographic restrictions apply. (Source)
