🔴 LIVE — Updated every 10 minutes
👤 -- reading now 🌡 Nairobi
Breaking
HomeCryptoTether putting $23 billion gold stockpile…
Crypto

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

CoinDesk Jun 27, 2026 2h ago ⏱ 1 min read 👁 2 views
Tether putting $23 billion gold stockpile to work with bullion-backed loans
Image via CoinDesk
📋 Article Summary
43 words
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. This story was reported by CoinDesk. For more Crypto news in Kenya, stay tuned to Masaa.
Continue Reading
Full story on CoinDesk
Read Full Story →
🔗 Clicking will take you to www.coindesk.com
Share this story: WhatsApp X/Twitter Facebook
👁 People Also Read
Solana hits $1B in weekly tokenized stock trading as demand for hard-to-access equities surge
Crypto

Solana hits $1B in weekly tokenized stock trading as demand for hard-to-access equities surge

SPCX concentration shows real demand, but redemption, custody, and shareholder expectations still depend on the product. The post Solana hits…

Read
Does Botanix’s failure prove Bitcoiners don’t care about DeFi?
Crypto

Does Botanix’s failure prove Bitcoiners don’t care about DeFi?

The failure of Botanix suggests that Bitcoiners still prefer Ethereum DeFi to Bitcoin L2s. How can Bitcoin L2s change to…

Read
Stablecoins are quickly becoming the Kevin Warsh’s Fed’s next policy problem
Crypto

Stablecoins are quickly becoming the Kevin Warsh’s Fed’s next policy problem

Waller's conference framing turns dollar tokens from a crypto-market tool into a question for Treasury demand, bank funding, and global…

Read
Polymarket to Refund Users After Scammers Swipe Millions in Website Exploit
Crypto

Polymarket to Refund Users After Scammers Swipe Millions in Website Exploit

Hackers infiltrated Polymarket’s website via a compromised third-party vendor, the company said, swiping millions in crypto from users.

Read