Tether builds its own vault in Switzerland, holding $8 billion in gold ...

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According to Bloomberg, the world's largest stablecoin issuer Tether Holdings SA announced that it has established a dedicated vault in Switzerland for storing $8 billion worth of gold reserves, with plans for continuous accumulation. The Salvador-based Crypto Assets company stated that it currently holds nearly 80 tons of physical gold. The vast majority of which is directly owned by Tether ...


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