Tether Invests in Gold Mining Firm, Signals Diversification in Crypto World

Cryptocurrency giant Tether has made a bold move by acquiring a 32% stake in Elemental Altus Royalties Corp, a Canadian gold mining firm. This investment marks a strategic shift for the company to diversify its portfolio and potentially mitigate financial risks associated with volatile crypto markets. As Tether sits atop the stablecoin market, this decision is closely watched within the broader financial ecosystem.