VanEck advisor: Tether currently holds around $5.30 billion in precious metals and $7.80 billion in bitcoin
2025-02-14 01:34:44
Tether strategy vaneck consultant gabor gurbacs platform representationdesk3cryptocurrencydesktopCrypto News
Tether Strategy and VanEck advisor Gabor Gurbacs said on the X platform that Tether's latest certification report shows that it holds about $5.30 billion in precious metals and $7.80 billion in bitcoin. This may be one of the greatest commodity hedging transactions in history, contributing to Tether's overcollateralization.
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