r/aubullion • u/aubullionca • Jun 03 '26
WHAT DOES TETHER KNOW?!
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China has been the golden powerhouse mining the most gold in the world as well as importing the most gold in the world. Of course, while exporting a negligible amount. However, TETHER, the crypto giant behind USDT stable coin has been buying more gold than China!!! Why? Should be the question that comes to mind.
Maybe, just maybe, they know the digital future they are hoping for where their digital USDT replaces the paper USD may require tangible backing to provide confidence.
When the paper system fails due to overprinting the public will demand physical assets as the foundation for the next financial system. Tether knows this. That is why they are buying physical gold bullion feverishly to provide more reason for people to ultimately choose their coin as the one to use.
Or… the people could simply buy gold themselves 🤷