[Tether is negotiating to invest in gold mining, currently holding gold reserves worth $8.7 billion] According to the Financial Times, Tether is negotiating to invest in gold mining. The company plans to invest in various aspects of the gold Supply Chain, including mining, refining, trading, and royalty companies. Currently, Tether holds gold reserves worth $8.7 billion in a vault in Zurich, Switzerland, as Collateral for its stablecoin.
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Tether is currently in discussions to invest in gold mining, holding gold reserves worth $8.7 billion.
[Tether is negotiating to invest in gold mining, currently holding gold reserves worth $8.7 billion] According to the Financial Times, Tether is negotiating to invest in gold mining. The company plans to invest in various aspects of the gold Supply Chain, including mining, refining, trading, and royalty companies. Currently, Tether holds gold reserves worth $8.7 billion in a vault in Zurich, Switzerland, as Collateral for its stablecoin.