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Tether Emerges as the Largest Private Holder of Gold Outside Central Banks
Tether Emerges as the Largest Private Holder of Gold Outside Central Banks
BTCCSquare news:
Tether has quietly amassed one of the world's largest private Gold portfolios, according to a new analysis by Jefferies. The stablecoin issuer now surpasses all non-state buyers and rivals the reserves of several sovereign central banks.
The scale of Tether's gold holdings underscores its growing influence in both digital and traditional asset markets. This strategic accumulation positions the company at the intersection of cryptocurrency and commodity markets, bridging decentralized finance with tangible stores of value.
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