Tether putting $23 billion gold stockpile to work with bullion-backed loans
The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoin-backed lending without selling the underlying asset.
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Fresh in the current trading session. Multiple named entities are involved.
Why this matters
Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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