Tether Reveals Massive Gold Accumulation In Q4: Adds 27 Tons To Reserves

Tether, the company behind the world’s largest stablecoin USDT, has disclosed a substantial expansion of its gold holdings, underscoring a growing shift toward hard‑asset backing amid uncertainty across crypto and traditional financial markets.  Tether Expands Gold‑Backed Stablecoin Reserves Gold crossed the $5,000 per ounce threshold for the first time on Monday, a milestone that market… Continue reading Tether Reveals Massive Gold Accumulation In Q4: Adds 27 Tons To Reserves

Tether Secret Swiss Vault: The $8 Billion Gold Reserve Behind The Stablecoin

Tether Holdings, the issuer of the market’s largest stablecoin, USDT, has revealed that it maintains a vault in Switzerland to safeguard an impressive $8 billion stockpile of gold.  According to Bloomberg, the firm’s significant reserve of nearly 80 tons positions Tether as one of the largest gold holders globally, surpassed only by central banks and… Continue reading Tether Secret Swiss Vault: The $8 Billion Gold Reserve Behind The Stablecoin

Tether Unveils aUSDT: A New Gold-Backed Digital Currency For Payments – Details

Tether, the issuer of the largest stablecoin in the cryptocurrency market, USDT, announced Monday the creation of a new synthetic dollar backed by gold. The token, aUSDT, was developed on the company’s Alloy by Tether platform.  By leveraging smart contracts on the Ethereum Mainnet blockchain, users can mint aUSDT by over-collateralizing it with another Tether… Continue reading Tether Unveils aUSDT: A New Gold-Backed Digital Currency For Payments – Details