Tether holds 148 tons of gold as stablecoins face 13% risk

🪙 Tether’s reserves soared to 148 tons of gold, valued at $23 billion, as private stablecoins faced scrutiny over a potential 13% loss. 🔔 $USDT and USDC are under fire for holding volatile reserves like Bitcoin and gold, raising hedge fund comparisons. ⚠️ Critical data: European regulators may soon enforce tough rules on stablecoin issuers to ensure transparency and minimize systemic risk.

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