Golden Finance reported that Tether's strategy and VanEck advisor Gabor Gurbacs stated on Platform X that Tether's latest audit report shows it holds about $5.3 billion in precious metals and $7.8 billion in BTC. This may be one of the greatest commodity hedging trades in history, helping Tether's over-collateralization.
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VanEck Advisor: Tether currently holds around $5.3 billion in precious metals and $7.8 billion in Bitcoin
Golden Finance reported that Tether's strategy and VanEck advisor Gabor Gurbacs stated on Platform X that Tether's latest audit report shows it holds about $5.3 billion in precious metals and $7.8 billion in BTC. This may be one of the greatest commodity hedging trades in history, helping Tether's over-collateralization.