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USDT Issuer Tether Holds Talks to Invest in Gold Mining: FT
13 Articles
13 Articles
USDT Issuer Tether Holds Talks to Invest in Gold Mining: FT
Tether, the issuer of world's largest stablecoin, USDT, has eyed investing in gold mining, the Financial Times reported on Friday.The firm has held discussions with mining groups about putting money into the gold supply chain, including refining, trading and royalties, according to the report, which cited people familiar with the talks.Tether CEO Paolo Ardoino referred to the precious metal as "bitcoin in nature," in a speech at the Bitcoin 2025…
Bitcoin Faces Jobs Test as Tether Eyes Gold Mining
Bitcoin Faces Jobs Test Bitcoin’s price is currently under scrutiny due to the upcoming U.S. nonfarm payrolls data, a key economic indicator that influences market sentiment and monetary policy expectations. A weaker-than-expected jobs report could reinforce expectations for a 25-basis-point rate cut by the Federal Reserve, potentially weakening the U.S. dollar and supporting risk assets […] The post Bitcoin Faces Jobs Test as Tether Eyes Gold M…
Tether would be in talks to get involved in gold mining, refinery and trade, according to FT. He also wants to expand his investment in the Canadian gold company, Elementary. *** Tether would be in conversations to get involved in gold mining, refinery and trade. A Financial Times report advanced the efforts of the USDT station. Meanwhile, a separate report adds that he wants to expand his investment in gold company, Elementary. Paolo Ardoino ha…
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