Tether is in talks to invest in gold mining and currently holds $8.70 billion worth of gold reserves
2025-09-05 04:16:43
According to the Financial Times, Tether is in talks to invest in the gold mining industry. The company plans to invest in all parts of the gold supply chain, including mining, refining, trading and concessionaires. Tether already holds $8.70 billion worth of gold reserves in Swiss vaults in Zurich as collateral for its stablecoin.
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