Tether wird zum größten unabhängigen Goldhalter
https://blocknews.com/tether-becomes-the-largest-independent-holder-of-gold-here-is-what-that-means-for-crypto/
Tether wird zum größten unabhängigen Goldhalter
https://blocknews.com/tether-becomes-the-largest-independent-holder-of-gold-here-is-what-that-means-for-crypto/
6 Kommentare
They have so much money they can do whatever they want.
The irony?
Crypto was supposed to free us from gold, yet as the space evolves, we’re watching the largest stablecoin drift toward it.
tldr; Tether has become the largest independent holder of gold, surpassing private institutions and hedge funds. This strategic move aims to stabilize its USDT stablecoin by anchoring reserves to a reliable asset like gold, similar to central banks. The decision reflects Tether’s focus on long-term stability amid market volatility and global uncertainty. Analysts suggest this could reshape stablecoin valuation and regulation, positioning Tether as a significant player in both crypto and commodity markets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Do they actually have it?
But no outside independent audits because let’s face it .. tether has always been a lot of bullshit in terms of backing.
Tether will be the biggest holder of treasuries and gold at this point. Soon they will be the strongest currency in the world.