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Ledn adds Tether Gold collateral to expand crypto lending options
**Ledn adds tokenized gold as loan collateral**
Digital asset lender Ledn now accepts Tether Gold (XAU₮) as collateral for loans, expanding beyond its usual Bitcoin-backed model. Borrowers can unlock liquidity without selling their tokenized gold.
The collateral is held 1:1, with a pledge that it will not be rehypothecated or reused. This addresses counterparty risk concerns that grew after past lender failures.
Availability is limited — the product excludes residents of Canada and the EU.
Ledn’s move aligns with the broader real-world asset trend in crypto. Tokenized gold offers a different risk profile compared to Bitcoin: stability and hedging versus crypto market volatility.
In practice:
- Collateral: XAU₮ backed by physical gold.
- No rehypothecation — cleaner custody model.
- Liquidity access without selling gold exposure.
- Regional restrictions apply.
Source: Ledn announcement
