News Explorer — USDT Issuer Tether Mulls Gold Mining Investment

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Sep 5, 9:44 am

Coindesk

USDT Issuer Tether Mulls Gold Mining Investment

Tether, the issuer of the USDT stablecoin, is considering investing in gold mining, including refining, trading, and royalties. The company already holds $8.7 billion in gold bars in a Zurich vault and has a stablecoin, Tether Gold (XAUT), backed by physical gold.

Tether, the issuer of the USDT stablecoin, is considering investing in gold mining, including refining, trading, and royalties. The company already holds $8.7 billion in gold bars in a Zurich vault and has a stablecoin, Tether Gold (XAUT), backed by physical gold.

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