๐Ÿ“ข Tether Makes Bold Move into Gold โ€” Acquires 32% Stake in Mining Firm

๐ŸŒ Tether, the issuer behind leading stablecoin USDT, has taken a major step in diversifying its reserves โ€” acquiring a 31.9% stake in Canadian gold mining company Elemental Altus Royalties Corp. (78.4M shares).

๐Ÿ“Š This strategic investment highlights Tetherโ€™s continued push to hedge against volatility and strengthen the backing of USDT through real-world assets like Bitcoin and Gold.

๐Ÿš€ With crypto markets evolving, Tether is clearly signaling that solid, diversified reserves are the future of stablecoin credibility.

๐Ÿ“ˆ A stablecoin backed by more than just words โ€” this is a hedge thatโ€™s hard to ignore.

#Tether #USDT #Gold #Stablecoins #Crypto

https://coingape.com/tether-grabs-32-stake-in-gold-mining-firm-as-latest-hedge/