Tether, the company behind the world’s largest stablecoin, USDT, has made headlines by acquiring a 31.9% stake in Elemental Altus Royalties Corp, a Canadian firm specializing in gold royalties. This acquisition signals Tether’s growing ambitions beyond the realm of cryptocurrency, as it continues to explore alternative investments. The move reflects the increasing convergence of cryptocurrency and traditional banking practices, where digital currency firms begin to diversify their portfolios into traditional assets such as gold. Investors will be keenly watching how this strategic investment develops over time.