With billions of dollars in the bank, Tether invests in projects that plan to use its USDT stablecoin as well as in interesting ventures that build on its other products.
The issuer of the largest stablecoin, Tether continues its path to transparency. In the recent quarterly reserve report, the company showed a breakdown for a previously consolidated reserve category that revealed its investments in gold and bitcoin.
The new stablecoin allows investors to lock in gold and receive US-dollar-pegged digital tokens, offering a unique twist on traditional stablecoin mechanisms.
The new stablecoin allows investors to lock in gold and receive US-dollar-pegged digital tokens, offering a unique twist on traditional stablecoin mechanisms.
With billions of dollars in the bank, Tether invests in projects that plan to use its USDT stablecoin as well as in interesting ventures that build on its other products.
The issuer of the largest stablecoin, Tether continues its path to transparency. In the recent quarterly reserve report, the company showed a breakdown for a previously consolidated reserve category that revealed its investments in gold and bitcoin.
Tether continues to expand the list of exchanges where users can access gold-referenced XAUT and Euro-referenced EURT. BitMart and MEXC Global exchanges have announced the listing of stablecoins.
Bank of America has highlighted the tokenization of real-world assets, including funds, equities, and commodities such as gold, as a “key driver of digital asset adoption.”
