Tether transforms from a gold "big buyer" to a "big financier"! Providing about $1.5 billion in financing to a U.S. gold trader.

Zhito Finance APP has learned that Tether, the issuer of USDT, the world's largest stablecoin, is further deepening its presence in the traditional gold market. After aggressively stockpiling gold and becoming one of the world's largest private holders of gold, the company has now also become a significant gold lender, providing approximately $1.5 billion in financing to Gold.com, a major U.S. precious metals dealer, in an attempt to transform its massive gold reserves from purely held assets into capital capable of generating returns.