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Tether Doubles Down on Gold: Stablecoin Giant Snags Stake in Elemental Altus
Tether Doubles Down on Gold: Stablecoin Giant Snags Stake in Elemental Altus
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Tether just placed a bullish bet on physical assets—and it’s not USDT this time. The stablecoin behemoth acquired a minority stake in Elemental Altus, a gold-focused investment firm. Because when fiat feels shaky, why not diversify into shiny rocks?
Gold 2.0? More like ''hedge against crypto volatility.'' Tether’s move signals a growing trend of crypto giants seeking stability in tangible assets—while the rest of us HODL through the dips.
Bonus jab: Because nothing says ''trustless'' like parking profits in a 5,000-year-old store of value. Stay decentralized, folks.
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