⚡ Stablecoin issuers have also become half central banks —

According to official data estimates, Tether, the issuer of the world's largest stablecoin USDT, holds 116 tons of gold, valued at approximately $14 billion:

Tether's current holdings are comparable to the official reserves of countries like South Korea, Hungary, or Greece, making it the largest single holder of gold outside of major central banks.

In just the third quarter, Tether purchased about 26 tons of gold, accounting for 2% of global gold demand during that period, equivalent to 12% of known central bank purchases.

So, why did Tether increase the gold reserve ratio of USDT after the bill was passed?

Can someone explain this issue!

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