Tether Is BUYING BILLIONS In GOLD!! Here's WHY!!

This episode of The Coin Bureau discusses Tether's growing investments in gold. The company's Q3 attestation reveals substantial holdings in precious metals, rivaling those of some central banks. A significant portion of this gold backs Tether's USDT stablecoin, raising regulatory concerns under the new U.S. stablecoin law. The episode also explores Tether's investments in gold royalty and streaming companies, turning it into a key player in the gold industry. Despite these moves, S&P Global has downgraded USDT's rating due to concerns over transparency and the composition of its reserves, while supporters view Tether's diversification into gold and Bitcoin as a hedge against fiat debasement. The discussion concludes by examining the implications of Tether's gold strategy for the gold and crypto markets, including the potential for increased intertwining of the two.