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Tether Doubles Down on Gold: Acquires Minority Stake in Elemental Altus
Tether Doubles Down on Gold: Acquires Minority Stake in Elemental Altus
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Tether just placed a bullish bet on physical assets—because even stablecoin giants need to hedge against crypto''s volatility.
The USDt issuer snapped up a minority stake in Elemental Altus, a gold-focused investment firm. No terms disclosed—because why would a company built on opacity start sharing details now?
Why it matters: This isn''t just diversification theater. With central banks hoarding gold and inflation still lurking, Tether''s playing the long game. Physical assets = crisis insurance.
The punchline? A stablecoin company investing in the ultimate ''stablecoin''—gold. The irony writes itself.
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