Tether Launches $200M Fund to Digitize Gold Treasury

Tether, the company behind the largest stablecoin USDT, is making its move into a new frontier: the gold market. Teaming up with Antalpha, a digital asset finance firm, Tether plans to raise $200 million for a pioneering initiative – launching a tokenized gold treasury. This bold step will merge traditional wealth management with cutting-edge blockchain technology, creating a more transparent and accessible way for investors to enter the world of gold.