Tether stores $8b worth of gold in a secret vault in Swiss: report

2025-7-10 13:17

Stablecoin issuer giant Tether reportedly owns almost 80 tons gold that backs its assets. The gold stockpile is kept in a vault in Switzerland in an undisclosed location for security reasons. According to a recent report by Bloomberg, Chief Executive… origin »

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gold vault tether report undisclosed location security

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