💰 Tether Acquires 32% Stake in Canadian Gold Royalty Firm

Tether, the issuer of USDT, has purchased a 32% stake in Elemental Altus Royalties, a Canadian gold royalty company. The move aligns with Tether’s strategy to diversify its reserves with stable, long-term assets like gold and Bitcoin.

This investment follows Tether’s recent expansion into mining and renewable energy, signaling a broader push beyond stablecoins. Gold royalties provide exposure to precious metals without direct operational risks, offering a hedge against market volatility.

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