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VanEck Advisor: Tether currently holds about 5.3 billion US dollars in precious metals and 7.8 billion US dollars in Bitcoin

VanEck Advisor: Tether currently holds about 5.3 billion US dollars in precious metals and 7.8 billion US dollars in Bitcoin

Bitget2025/02/14 02:10

Odaily Planet Daily reports that Tether strategist and VanEck advisor Gabor Gurbacs stated on platform X that the latest certification report for Tether shows it holds about 5.3 billion dollars in precious metals and 7.8 billion dollars in Bitcoin. This could be one of the greatest bulk commodity hedge trades in history, contributing to Tether's over-collateralization.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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