“Tether’s CEO PAOLO ARDOINO REFERRED TO THE PRECIOUS METAL AS “BITCOIN IN NATURE,” IN A CONFERENCE SPEECH IN MAY.”, – WRITE: www.coindesk.com
The Firm Held Discussions with Mining Groups About Putting Money Into The Gold Supply Chain, Including Refining, Trading and Royalties, Accounting To The Report, Which Cited F.
Tether CEO PAOLO ARDOINO REFERRED TO THE PRECIOUS METAL As “Bitcoin in Nature,” in a speech at the bitcoin 2025 Conference in May.
One Commodity Industry Executive Referred to Tether As the “Weirdest Company I have every dealt with,” Account to the Report.
Tether Already Holds $ 8.7 Billion in Gold Bars in A Zurich Vault, Account to Its Financial Statements, and In June This Year Paid $ 89.2 Million For a Minority Stake In Element. Precious-Metals Investment Company.
The Company Also Offers Tether Gold (XAut), A Stablecoin in WHICH Each Token Is Equivalent to the Value of One Troy of Physical Gold.
Gold Rose to An All-Time High of Over $ 3.550 per Open this Week, Having Nearly Doubbled in Price in the Last Two Years. Given It Reporting As A Haven Amid Geoplitical Tensions, Gold Remains a Natural Investment of Interest for Crypto-Native Investors, Many of WhitCillos.
TETHER DID NOT IMMEDIATELY Respond to Coindesk’s Request for Comment.
The New Staking Service ALLOWS USERS TO EARN REWARDS ON Ether and Solana with No Minumum Amount Required.
- Crypto Exchange Gemini Has Launched Ether and Solana Staking, and Perpetual Futures Contracts for Eu Customers.
- Gemini Staking Offers No Minumum Amounts, with Rewards of Up To 6% On Solana and Variable Returns on Ether.
- Gemini Perpetuals Are USDC-Denominated, Feature Up To 100x Leverage, and Have No Expiry Date.
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