🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
BiyaPay Analyst: Tether Accelerates Gold Hoarding, Increasing Holdings by Over One Ton of Gold Weekly
BlockBeats news, on November 14, Tether is dramatically increasing its gold reserves at an astonishing pace. The latest quarterly data shows that its gold holdings have surged to 12.9 billion USD, an increase of over 7.6 billion USD compared to the end of 2024, equivalent to more than one ton of gold added each week, with a growth rate even surpassing that of most sovereign central banks. Meanwhile, Tether has also acquired mining rights and recruited top precious metal traders, building a complete gold industry chain layout from mining to trading. BiyaPay analysts point out that Tether's strategy is essentially to create a composite reserve system of “US debt interest + appreciation of gold and Bitcoin,” using gold to hedge against fluctuations in the US dollar cycle and strengthening the long-term credit endorsement of USDT. This model makes Tether more like a “borderless central bank,” and also positions gold as an important source of its profits. Investors can use USDT on BiyaPay to participate in US stock gold or futures gold, preparing for the long-term favourable information brought about by this structural change.