đą Tether Makes Bold Move into Gold â Acquires 32% Stake in Mining Firm
đ Tether, the issuer behind leading stablecoin USDT, has taken a major step in diversifying its reserves â acquiring a 31.9% stake in Canadian gold mining company Elemental Altus Royalties Corp. (78.4M shares).
đ This strategic investment highlights Tetherâs continued push to hedge against volatility and strengthen the backing of USDT through real-world assets like Bitcoin and Gold.
đ With crypto markets evolving, Tether is clearly signaling that solid, diversified reserves are the future of stablecoin credibility.
đ A stablecoin backed by more than just words â this is a hedge thatâs hard to ignore.
#Tether #USDT #Gold #Stablecoins #Crypto
https://coingape.com/tether-grabs-32-stake-in-gold-mining-firm-as-latest-hedge/