Tether, the company behind the world’s largest stablecoin USDT, has disclosed a substantial expansion of its gold holdings, underscoring a growing shift toward hard‑asset backing amid uncertainty across crypto and traditional financial markets. Tether Expands Gold‑Backed Stablecoin Reserves Gold crossed the $5,000 per ounce threshold for the first time on Monday, a milestone that market…
View More Tether Reveals Massive Gold Accumulation In Q4: Adds 27 Tons To ReservesTag: Tether Gold
Tether Secret Swiss Vault: The $8 Billion Gold Reserve Behind The Stablecoin
Tether Holdings, the issuer of the market’s largest stablecoin, USDT, has revealed that it maintains a vault in Switzerland to safeguard an impressive $8 billion stockpile of gold. According to Bloomberg, the firm’s significant reserve of nearly 80 tons positions Tether as one of the largest gold holders globally, surpassed only by central banks and…
View More Tether Secret Swiss Vault: The $8 Billion Gold Reserve Behind The Stablecoin