Paolo Ardoino says Tether now holds ~140 tons of gold, worth ~$23B, has been buying one to two tons per week, and plans to keep doing so for the next few months
There are roughly 370,000 nuclear bunkers in Switzerland, a legacy of the Cold War that are now rarely used. One of them, though, is a hive of activity.
Bloomberg Jack Ryan
Related Coverage
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- Tether scores $5bn windfall as gold price rockets Financial Times · Nikou Asgari
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Discussion
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@arashmassoudi
Arash Massoudi
on x
The value of Tether's gold holdings has soared by more than $5bn as the world's biggest stablecoin company benefits from the precious metal's record-breaking rally. Tether held about 116 tonnes of gold at the end of September. @nikasgari https://www.ft.com/...
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@tether
@tether
on x
Tether Announces the Launch of USA₮, the Federally Regulated, Dollar-Backed Stablecoin, Made in America 🇺🇲🚀 Read more: https://tether.io/...
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@anchorage
@anchorage
on x
Anchorage Digital and @tether are proud to bring you USA₮, a federally regulated, dollar-backed stablecoin. Made in the U.S. 🇺🇸 [video]
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@bohines
Bo Hines
on x
The wait is over, the new era of finance begins! USA₮🇺🇸
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@milkroad
@milkroad
on x
Some are confused about Tether's new $USAT stablecoin, and why it matters when $USDT already exists. Here's the long and short of it... At its core, $USAT is Tether's “clean” American version of $USDT, built specifically to play nice with U.S. regulators. Think of it like this: […
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@usat
@usat
on x
Are you ready? USA₮ is now live. 🚀 The digital dollar that moves at internet speed. Always 1:1. Instant. Borderless. #USAt #Tether [video]
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@kris
@kris
on x
Congratulations on the launch of USAT @paoloardoino 🤝 Now available on https://crypto.com/ 🔥
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@falconxglobal
@falconxglobal
on x
Institutional liquidity meets U.S.-regulated stablecoins. “FalconX is proud to support the launch of USAT, a dollar-backed stablecoin designed to operate within the U.S.-regulated framework established under the GENIUS Act,” said @JoshBarkhordar, Head of Sales. “As @tether
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@mattiascaricato
@mattiascaricato
on x
At @anchorage we just launched @tether's new stablecoin $USA₮. if u wanna work building the most critical financial infrastructure, we are looking for the best engineers out here. If that's you, apply here: https://jobs.lever.co/...
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@paoloardoino
Paolo Ardoino
on x
USAT, digital dollar, made in USA 🇺🇸
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@hadron_tether
@hadron_tether
on x
Congratulations on the launch of $USAT! @USAT 🇺🇸 Hadron by @Tether is proud to provide the technology platform that powers the entire issuance and redemption lifecycle for the new domestic digital dollar. Building the infrastructure for the future of finance. 🏗️
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@marypcbuk
Mary Branscombe
on bluesky
when your CEO goes to dinner at the White House, you're probably pretty confident those ongoing money laundering investigations are never going to amount to anything; why not have another go at the US, after all if Binance execs can get a pardon... [embedded post]
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@jessefelder
Jesse Felder
on bluesky
“We are soon becoming basically one of the biggest, let's say, gold central banks in the world.” www.bloomberg.com/news/article...