USDT, one of the leading stablecoins, has announced its expansion to new blockchains and the launch of a gold lending platform, providing new opportunities for users.
USDT Expansion to New Blockchains
USDT is now supported on the Sui and Coinbase’s Base blockchains, increasing its presence to over 10 blockchains. This expansion significantly enhances liquidity and interaction across networks, allowing users to efficiently utilize a single dollar asset for various transactions.
Launch of Gold Lending Platform
Tether has launched a new gold lending platform in Switzerland, where institutions can borrow physical gold using USDT as collateral. This marks an important step in bridging digital and physical assets, providing new tools for operating in the material market.
Financial Stability of Tether
According to Tether’s latest reserve attestation for Q2 2025, the company holds a surplus of $6.8 billion over its liabilities. This adds further confidence in the company’s ability to manage redemptions and depegging events.
The expansion of USDT to new blockchains and the launch of gold lending in Switzerland highlight Tether’s growth and adaptation to the evolving market. These steps emphasize the importance of USDT as one of the leading stablecoins in the cryptocurrency ecosystem.
