Wu Blockchain (@WuBlockchain): According to FT, Tether is in talks to invest in the gold industry, covering mining, refining, trading, and royalties. The firm already holds about $8…
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According to FT, Tether is in talks to invest in the gold industry, covering mining, refining, trading, and royalties. The firm already holds about $8.7B in gold at a Zurich vault as backing for its stablecoin and in June bought a $105M stake in Toronto-listed Elemental Altus. CEO Paolo Ardoino said gold is safer than any sovereign currency and serves as a key complement to Bitcoin. https://t.co/4pwe77GOOh