Loading ...The Tether news makes me think that they want to ultimately back stablecoin with Gold.
Perhaps they realize that some of the investment powerhouses ( who are reluctant to put large amounts of money into a crypto like platform), will be more willing to play in the sandbox if it’s backed with something tangible like Gold.
As far as I know, Tether just has existing relationships with royalty companies and not producers. This is something, IMHO, to keep a close eye on…..