Tokenized gold is becoming productive collateral in crypto lending, Arch says

Tokenized gold has moved deeper into crypto lending after Aave’s XAUT-backed debt reached a $25 million ceiling and Arch Lending added loans against the two largest gold tokens. Arch co-founder and chief technology officer Himanshu Sahay told crypto.news that demand…

from crypto.news https://ift.tt/BHyKbGC

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