Tether lagert derzeit 140 Tonnen Gold im Wert von 24 Milliarden US-Dollar in einem Schweizer Atombunker | InvestingLive

tldr; Tether, the stablecoin issuer, has accumulated approximately 140 tons of gold worth $24 billion, storing it in a former Swiss nuclear bunker. This makes Tether one of the largest private gold holders globally, surpassing many central banks. The gold is partly used to back its gold-pegged token XAUT, which could reach $10 billion in circulation. Tether’s strategy reflects declining trust in fiat currencies and positions it as a significant player in the gold market, with weekly purchases rivaling central banks‘ acquisition programs.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Cool story. When are they going to get an audit? It should be the simplest business in the world to audit but they still haven’t gotten one

It would be funny if someone ran the picture through an AI detector and it came back this is fake.

Share.google is not a legitimate source of information.

Devasini sees his new investm… err… grift. Makes sense, BTC is cooked.

Yea an I hold 140 Sydney Sweeney’s in my basement. Here’s an AI generated image as proof