Tether is going all in on gold 🤦 They brought in two pros from HSBC to build a precious metals empire, and now their gold holdings exceed those of many banks. With 12 billion USD in gold reserves, there's hardly anyone who can compare to them except for the Central Bank. This guy was originally the king of stablecoins, and now he wants to take on the TradFi giants? Impressive, but also a bit crazy.
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Tether is going all in on gold 🤦 They brought in two pros from HSBC to build a precious metals empire, and now their gold holdings exceed those of many banks. With 12 billion USD in gold reserves, there's hardly anyone who can compare to them except for the Central Bank. This guy was originally the king of stablecoins, and now he wants to take on the TradFi giants? Impressive, but also a bit crazy.