Tether, the company behind the world’s largest stablecoin USDT, has disclosed a substantial expansion of its gold holdings, underscoring a growing shift toward hard‑asset backing amid uncertainty across crypto and traditional financial markets. Tether Expands Gold‑Backed Stablecoin Reserves Gold crossed the $5,000 per ounce threshold for the first time on Monday, a milestone that market…
Tag: Paolo Ardoino
Rumble At The Core: How Tether Plans To Dominate The US Stablecoin Market
Tether, the powerhouse behind the world’s largest stablecoin by trading volume, USDT, has unveiled a strategic plan to expand its presence in the US market, a landscape that has evolved significantly under the Trump administration. With the recent enactment of the GENIUS Act, which establishes a new regulatory framework for stablecoins and cryptocurrency firms issuing…