US EditionUSDT Issuer Tether Holds Talks to Invest in Gold Mining: FT
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18 Articles
USDT Issuer Tether Holds Talks to Invest in Gold Mining: FT
Tether, the issuer of world's largest stablecoin, USDT, has eyed investing in gold mining, the Financial Times reported on Friday.The firm has held discussions with mining groups about putting money into the gold supply chain, including refining, trading and royalties, according to the report, which cited people familiar with the talks.Tether CEO Paolo Ardoino referred to the precious metal as "bitcoin in nature," in a speech at the Bitcoin 2025…
The company would participate in the entire supply chain: from mining and refining to gold trading. Read more
Tether, the company behind the USDT, would prepare an incursion into the gold sector, with investments ranging from extraction to trading. Already possessor of tens of tons of precious metal in Switzerland and involved in several mining companies, Tether seems to want to bet big on gold. The giant Tether (USDT) launches in gold mining has appeared first on Cryptoast.
Tether Seeks to Invest in Gold Supply Chain: Report - Invest In Crypto News
Stablecoin issuer Tether, the creator of USDt (USDT), has begun discussions with mining and investment groups about deploying capital across the gold supply chain, according to the Financial Times. The move would further diversify Tether’s portfolio risk. According to the report, Tether has been exploring deploying capital across several sectors in the gold business, including gold mining, refining, trading and royalty companies. The company has…
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