The most aggressive gold buyer right now is not a country.
It is Tether.
The firm now holds roughly $23B in bullion, ranking among the top global holders and surpassing several sovereign nations.
This 'little' stablecoin issuer is starting to resemble a central bank balance sheet.
And when crypto companies accumulate hard assets at this scale, the line between TradFi and crypto keeps fading.
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The most aggressive gold buyer right now is not a country.
It is Tether.
The firm now holds roughly $23B in bullion, ranking among the top global holders and surpassing several sovereign nations.
This 'little' stablecoin issuer is starting to resemble a central bank balance sheet.
And when crypto companies accumulate hard assets at this scale, the line between TradFi and crypto keeps fading.