Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

⚡ Tether: The "Half Central Bank" of Stablecoins?


You read that right, the world's largest stablecoin issuer USDT #Tether actually holds 116 tons of gold, with a market value of 14 billion dollars!💰
In other words, Tether holds more gold than the official reserves of South Korea, Hungary, and Greece, directly becoming the world's largest non-Central Bank gold holder!
In just the third quarter, Tether quietly purchased 26 tons of gold, accounting for 2% of global gold demand, which is 12% more than known purchases by Central Banks!📊
The question arises: Why did Tether increase its gold holdings right after the bill was passed?
Are you afraid of being slapped in the face by USDT? Or do you want to start your own "gold reserve fund"? 🤔
What do you think, can stablecoins really be more powerful than Central Banks? 🔥
$USDT #tether
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)