Tether, the issuer of the world’s most widely used stablecoin, USDT, has evolved over the years into one of the most profitable and resilient firms within the crypto space.

Under the leadership of CEO Paolo Ardoino, Tether has broadened its focus beyond digital assets, becoming a significant player in the commodity market, particularly with substantial gold reserves.

Tether’s Gold Ambition

Recent reports from the Financial Times reveal that Tether has stirred the gold markets this year by becoming the largest holder of the precious metal outside of central banks.

According to Bryce Elder’s analysis, the crypto firm’s stockpile is comparable to that of smaller central banks, such as those in Korea, Hungary, and Greece. Last quarter, the company’s gold acquisitions accounted for ne

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