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Tether's XAUT gold token added to Ledn
The Block·
The XAUT token, backed by physical gold and issued by Tether, has been integrated into the Ledn lending platform. This addition enables users to leverage their XAUT holdings as collateral for borrowing, similar to how they can currently borrow against Bitcoin. The integration expands the utility of gold-backed tokens within the digital asset lending space, offering users more diverse options for accessing liquidity against their holdings. Ledn aims to provide flexible borrowing solutions for a range of digital assets.
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fintech
crypto
product
Original Source
The Block — theblock.co