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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
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⚡ Tether: The "Half Central Bank" of Stablecoins?
You read that right, the world's largest stablecoin issuer USDT #Tether actually holds 116 tons of gold, with a market value of 14 billion dollars!💰
In other words, Tether holds more gold than the official reserves of South Korea, Hungary, and Greece, directly becoming the world's largest non-Central Bank gold holder!
In just the third quarter, Tether quietly purchased 26 tons of gold, accounting for 2% of global gold demand, which is 12% more than known purchases by Central Banks!📊
The question arises: Why did Tether increase its gold holdings right after the bill was passed?
Are you afraid of being slapped in the face by USDT? Or do you want to start your own "gold reserve fund"? 🤔
What do you think, can stablecoins really be more powerful than Central Banks? 🔥
$USDT #tether