Accumulating bars is far from the company's only focus. In early February, the investment division of Tether invested $150 million in the Gold platform, acquiring about 12% of its shares. The platform specializes in selling physical precious metals — gold, silver, and platinum — and is primarily targeted at the U.S. market.



As part of the partnership, the platform is integrating XAUT into its infrastructure. The parties are exploring the possibility of selling physical gold for $USDT and the American stablecoin USAT.

CEO Paolo Ardoino described gold not as a trading position, but as a long-term investment to protect users and the company in times of instability.
XAUT0.18%
USAT0.01%
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