In the third quarter, Tether entered the market to acquire 26 tons of gold, more than any central bank globally. Of this, 12 tons were used to back the XAU₮ token, while the remainder was added to USDT reserves.

In total, the amount of Tether gold held is 116 tons, equivalent to the reserves of smaller central banks such as South Korea, Hungary, or Greece.
#JoinGrowthPointsDrawToWiniPhone17

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes