According to reports, Tether is in negotiations to invest in gold mining, planning to cover mining, refining, trading, and licensing aspects. Currently, Tether holds approximately $8.7 billion in gold as collateral for its stablecoin in a vault in Zurich, Switzerland, and in June this year, it spent $105 million to acquire a minority stake in the Toronto-listed company Elemental Altus.
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Trader_Fayaz
· 09-05 05:38
every update about crypto on gate is always athentic and always helpful for trader and users
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Trader_Fayaz
· 09-05 05:38
every update about crypto on gate is always athentic and always helpful for trader and users
Reply0
ZKProofster
· 09-05 04:48
proof-of-gold? technically speaking, not a bad hedge
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FrogInTheWell
· 09-05 04:42
Stable gold standard is only a matter of time.
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LiquidatedDreams
· 09-05 04:33
Are you playing with physical gold now? That's a big deal!
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NftRegretMachine
· 09-05 04:32
Physical assets provide a safeguard, it's stable, it's stable.
According to reports, Tether is in negotiations to invest in gold mining, planning to cover mining, refining, trading, and licensing aspects. Currently, Tether holds approximately $8.7 billion in gold as collateral for its stablecoin in a vault in Zurich, Switzerland, and in June this year, it spent $105 million to acquire a minority stake in the Toronto-listed company Elemental Altus.