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
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.
⚡ 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