News list for " gurbacs"
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.
Tether Strategy and VanEck advisor Gabor Gurbacs said on the X platform that tokens are created to raise funds/bitcoins to fund project/foundation/company operations with the aim of creating value for token/stock holders. Regulators failed to develop issuance and brokerage rules early, which gave scammers an opportunity.
Gabor Gurbacs, a consultant at Tether Strategies and VanEck, said on the X platform that the Fed's logic for buying bitcoin over Treasuries is based on the fundamental difference between two assets: one that can be infinitely printed and the other that cannot. This is essentially a hard asset acquisition strategy, similar to what central banks do with gold. By moving from freely printable Treasuries to fixed-supply bitcoin, the Fed aims to diversify its asset holdings and potentially protect aga...
