Tether Invests 89 Million Into Precious Metals Royalty Company to Diversify Gold Exposure
Tether, the leading stablecoin issuer by market capitalization, has made a considerable investment in a gold-focused royalty company. This strategic move involved acquiring 78 million common shares at a value of C1.55 each. The decision showcases Tether’s aim to deepen its exposure to precious metals and leverage the stability they provide amid market fluctuations. Investors are closely monitoring how this investment will affect Tetherโs positioning in the crypto and precious metals markets.