The company's gold purchases are mostly for its own reserves, but also support its XAUT stablecoin.
Tether is buying up to $1 billion of gold per month and storing it in a 'James Bond' bunker
AI IMPORTANCE: 7/10
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AI INSIGHT
Tether buys up to $1 billion of gold per month, stores bars in a secure 'James Bond' bunker; purchases primarily add to company reserves and support XAUT stablecoin.
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