I saw that Tether's gold reserves have reached $23 billion. According to Jefferies, this figure is quite significant when compared to the gold purchases made by nation-states around the world. It's an interesting data point that shows how Tether is building an increasingly solid gold reserve base. It's not the kind of news you see every day in the crypto sector, but it says something about the direction the main stablecoins are heading. It's worth keeping an eye on how this gold reserve continues to evolve in the coming months.

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