The largest stablecoin issuer Tether is reportedly increasing its exposure to gold investments. CEO: Stability is paramount.

According to reports, the world's largest stablecoin supplier Tether may significantly increase its exposure to gold. The report cited anonymous sources who said that Tether, which has earned billions of dollars in profits with the USDT stablecoin, is discussing investing in "the entire gold supply chain - from mining, refining, to trading and precious metals royalty companies." When cryptocurrency industry professionals shared the relevant reports on X platform and tagged Tether, Tether's CEO Paolo Ardoino replied to the comments saying "stability above all."