Loading ...- Tether CEO Paolo Ardoino told Bloomberg that he expects the company to become one of the largest gold central banks in the world.
- The company plans to start trading its gold reserves for additional profit.
- Tether owns around 140 tons of gold, worth around $23 billion, stored in a nuclear bunker in Switzerland.
Tether CEO Paolo Ardoino said the stablecoin giant is on track to become one of the largest gold central banks in the world and plans to actively trade its reserves, Bloomberg reported Tuesday.
Apparently, they’re buying 1-2 tons of Gold per week….