Tether and the ambition of "Gold Banking": Opportunity or hidden risks?
Although the figure of 140 tons of gold sounds impressive, we need to keep a cool head to analyze. That's the situation; Tether's strong shift towards gold reserves shows they are preparing for a post-USD world scenario. However, this also raises questions about immediate liquidity if the Crypto market encounters a major event. Gold is valuable but cannot be liquidated as quickly as cash or government bonds in emergencies. #anhbacong
Moreover, the launch of USAt in the US through an intermediary bank indicates that Tether is under significant legal pressure from the GENIUS Act. Investors with 1-3 years of experience should stay alert: having a private entity holding too much financial power equivalent to a central bank will always be in the sights of regulatory agencies. We should not "jump ship" entirely to new products just because of big names. Observe how they operate USAt in reality and the fluctuations in gold prices before making long-term investment decisions. The safety of capital must still be the top priority, folks! $XAU $PAXG
