Jack Ryan / Bloomberg:

El Salvador-based Tether says it holds nearly 80 tons of gold, worth ~$8B, in a vault in Switzerland; precious metals made up nearly 5% of its reserves in March  —  Tether Holdings SA, the issuer of the world's largest stablecoin, has its own vault in Switzerland to hold an $8 billion stockpile of gold …

Jack Ryan / Bloomberg:

El Salvador-based Tether says it holds nearly 80 tons of gold, worth ~$8B, in a vault in Switzerland; precious metals made up nearly 5% of its reserves in March  —  Tether Holdings SA, the issuer of the world's largest stablecoin, has its own vault in Switzerland to hold an $8 billion stockpile of gold …

Source: TechMeme
Source Link: http://www.techmeme.com/250708/p18#a250708p18