Tether invests another 150M in gold

Tether acquired around a 12 stake in Gold.com through a 150M strategic investment to expand access to gold and integrate its gold-backed token XAU into the global market.
Tether has already built a gold position worth hundreds of millions via its tokenized gold reserves: XAU holds a meaningful share of the gold stablecoin market and is backed by physical gold held in vaults.