Crypto
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.
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