๐ข Tether Makes Bold Move into Gold โ Acquires 32% Stake in Mining Firm
๐ 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).
๐ This strategic investment highlights Tetherโs continued push to hedge against volatility and strengthen the backing of USDT through real-world assets like Bitcoin and Gold.
๐ With crypto markets evolving, Tether is clearly signaling that solid, diversified reserves are the future of stablecoin credibility.
๐ A stablecoin backed by more than just words โ this is a hedge thatโs hard to ignore.
#Tether #USDT #Gold #Stablecoins #Crypto
https://coingape.com/tether-grabs-32-stake-in-gold-mining-firm-as-latest-hedge/