Tether Invests $150M in Gold.com to Enable Gold Purchases with USDT

Tether has announced a significant $150 million investment in Gold.com, aiming to facilitate the purchase of physical gold using USDT stablecoins.

Tether, the company behind one of the world’s leading stablecoins, has made a strategic investment of $150 million in Gold.com. This partnership marks a new initiative to explore the integration of Tether's stablecoins, particularly USDT, for the acquisition of real gold.

Through this collaboration, Tether and Gold.com aim to create a seamless platform that allows users to utilize their digital assets to buy physical gold, bridging the gap between cryptocurrencies and traditional investments. This move is part of Tether's broader strategy to expand its financial ecosystem and offer innovative solutions for asset diversification.