|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28.01.26 - 21:12
|
Tether To Become "Gold Central Bank" In Post-Dollar World, CEO Ardoino Says (ZeroHedge)
|
|
|
Tether To Become "Gold Central Bank" In Post-Dollar World, CEO Ardoino Says
Authored by Danny Park via TheBlock.co,
Tether CEO Paolo Ardoino told Bloomberg that he expects the company to become one of the largest gold central banks in the world.
The company plans to start trading its gold reserves for additional profit.
Tether owns around 140 tons of gold, worth around $23 billion, stored in a nuclear bunker in Switzerland.
Tether CEO Paolo Ardoino said the stablecoin giant is on track to become one of the largest gold central banks in the world and plans to actively trade its reserves, Bloomberg reported Tuesday.
Ardoino told Bloomberg in an interview that he expects the company's role in the gold market to expand as geopolitical rivals to the U.S. will likely launch a gold-backed alternative to the dollar.
The CEO previously said that gold is "logically a safer asset than any national currency."
Ardoino reportedly said Tether intends to continue reinvestin...
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
