Tether lends $1.5 billion to Gold.com
Tether, one of the largest crypto companies known for its stablecoins USDT and XAUT, has quietly provided a $1.5 billion loan to U.S.-based bullion dealer Gold.com. The financing allows Gold.com access to precious metals without immediate payment, enabling it to trade before repaying the loan. This follows an earlier investment of $150 million by Tether in February 2026, giving it a 12% stake in the company. Tether's gold-backed stablecoin XAUT is pegged at one fine troy ounce per token and meets LBMA standards for purity and weight. The loan represents most of Gold.com’s precious-metal-based leases as of June 30, according to its annual report. Tether has also expanded its physical gold holdings beyond 146 tons by mid-2026. The move signals a deeper integration into the traditional bullion market for Tether and highlights growing interest in linking digital assets with tangible commodities.
Topics: bullion dealer crypto gold lending