Tether Gold recognized as accepted spot commodity
Tether Gold has been recognized as an accepted spot commodity in Abu Dhabi’s financial center.
The tokenized gold market is expanding beyond trading and custody, with new uses emerging.
Tokenized commodities have a distributed value of about $4.46 billion, accounting for nearly 13% of the roughly $34.73 billion tokenized real-world asset market.
Bitcoin lending platforms are also adopting tokenized gold, with Ledn planning to add XAUT as loan collateral, allowing clients to borrow against their holdings without selling them, with targets like $80K