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Tether Expands Into Gold Mining to Bolster Stablecoin Reserves
Tether Expands Into Gold Mining to Bolster Stablecoin Reserves
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BTCCSquare news:
Tether, the issuer of the world's largest stablecoin, is venturing beyond digital asset reserves into physical gold mining. The MOVE signals a strategic pivot to diversify its backing beyond traditional cash equivalents.
The company aims to create a hybrid reserve system combining cryptocurrency's liquidity with gold's intrinsic value. This expansion into precious metal extraction reflects growing institutional interest in asset-backed stability within volatile crypto markets.
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