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Tether putting $23 billion gold stockpile to work with bullion-backed loans

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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.

Tether putting $23 billion gold stockpile to work with bullion-backed loans

Source：CoinDesk

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Source：https://www.coindesk.com/business/2026/06/27/tether-putting-usd23-billion-gold-stockpile-to-work-with-bullion-backed-loans