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75098506
commented on a stock · Feb 10 02:38
$T-REX 2x Long BMNR Daily Target ETF (BMNU.US)$ Why nobody cares about BTC or ETH anymore Tether just backing Gold now..Tether made a $150 million strategic investment in Gold.com on February 4, 2026, acquiring about 12% of the company to integrate its gold-backed token XAU₮ and explore physical gold purchases with USDT. Earlier, in Q4 2025, it added 27 tons to its holdings, buying up to 1-2 tons weekly at a $1 billion monthly pace, outstripping some nations like Greece. By late 2025, reserves reached around 116 tons, rivaling central banks, stored in Swiss vaults.

Strategic Reasons

CEO Paolo Ardoino views gold as a long-term stability asset amid fiat distrust, funding buys via USDT interest profits without risking stablecoin backing. Tether hired ex-HSBC gold traders to build a top trading desk for arbitrage and efficient sourcing from Swiss refiners. This supports XAU₮ (and smaller Scudo token), enabling tokenized gold trading, 24/7 transfers, and physical redemption
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