# Mauricio Di Bartolomeo: Gold vs. Bitcoin Credit, the $40K Bitcoin Debate and Ledn's S&P Bitcoin Bond Page: https://stenobird.com/podcast/coin-stories-with-natalie-brunell-3903411/mauricio-di-bartolomeo-gold-vs-bitcoin-credit-the-40k-bitcoin-debate-and-ledn-s-s-p-bitcoin-bond Text version: https://stenobird.com/podcast/coin-stories-with-natalie-brunell-3903411/mauricio-di-bartolomeo-gold-vs-bitcoin-credit-the-40k-bitcoin-debate-and-ledn-s-s-p-bitcoin-bond.md Podcast: [Coin Stories with Natalie Brunell](https://stenobird.com/podcast/coin-stories-with-natalie-brunell-3903411) Published: 2026-07-01T14:45:00+00:00 Episode link: https://coinstories.libsyn.com/mauricio-di-bartolomeo-launching-gold-loans-the-40k-bitcoin-debate-and-ledns-sp-bitcoin-bond Audio file: https://traffic.libsyn.com/secure/coinstories/522_Mauricio_Di_Bartolomo.mp3?dest-id=2813255 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/coin-stories-with-natalie-brunell-3903411/episodes/mauricio-di-bartolomeo-gold-vs-bitcoin-credit-the-40k-bitcoin-debate-and-ledn-s-s-p-bitcoin-bond Duration seconds: 2818 ## Resource Ledn Co-Founder Mauricio Di Bartolomeo joins Natalie Brunell for a first-time announcement: Tether's tokenized gold (XAUt) is coming to Ledn — the first step toward gold-backed loans later this year. He answers the Bitcoin purists on adding gold, breaks down Ledn's first S&P investment-grade bond backed by Bitcoin loans, and gives a firsthand account of Venezuela after Maduro's capture. Topics we cover: XAUt tokenized gold (real bars in Tether's Swiss vaults) coming to Ledn, with gold-backed loans later this year Inside Ledn's first S&P investment-grade bond backed by Bitcoin loans — and how the ABS market could scale Bitcoin credit toward $1 trillion Mauricio's answer to Bitcoiners who don't like credit products or investing in other assets Natalie's experience taking her first Ledn loan: https://youtu.be/xD3ZoZ2woPk?si=ix0HKnD85hqMTokU Why Ledn caps loans at 50% LTV, and how auto top-off protects borrowers from liquidation His read on "seller exhaustion" and why he expects a summer price come-back Venezuela after Maduro's capture — and the crackdown on its illegal gold mines Follow Mauricio Di Bartolomeo on X https://x.com/cryptonomista and sign up for Ledn at ledn.io/natalie to get .25% off your first loan. ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU ---- Have you downloaded SPEED WALLET yet? It's my go-to Lightning wallet — send, receive, and swap Bitcoin, stablecoins, and digital gold in one app. Run a business? Speed powers Bitcoin payments for Steak 'n Shake, and it can do the same for you. Download at www.speed.app/natalie and use code COINSTORIES10 for 5,000 free sats after your first transaction. ---- Ledn is the global leader in Bi… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/coin-stories-with-natalie-brunell-3903411/episodes/mauricio-di-bartolomeo-gold-vs-bitcoin-credit-the-40k-bitcoin-debate-and-ledn-s-s-p-bitcoin-bond/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/coin-stories-with-natalie-brunell-3903411/mauricio-di-bartolomeo-gold-vs-bitcoin-credit-the-40k-bitcoin-debate-and-ledn-s-s-p-bitcoin-bond.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.