Tether’s Gold Push Adds a New Demand Floor for XAU Price—Could It Break the Market?
Tether’s rising urge for food for bodily gold is popping the world’s largest stablecoin issuer into a significant new drive in the bullion market. However, is it highly effective sufficient to single-handedly reprice it? Tether’s Gold Allocation Adds Marginal Demand—however Limited Short-Run Price Impact CEO Paolo Ardoino has stated Tether plans to boost gold to…
