In an X post, Kobeissi Letter noted that Tether’s gold holdings hit a record $12.9 billion in September, equal to 104 tons of actual gold. The value has more than doubled since the start of the year.
Crypto bank Anchorage Digital has received a $100 million equity investment from El Salvador-based stablecoin provider Tether, valuing the bank at $4.2 billion and giving Tether a minority interest, ...
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