Debt backed by Gold.2 Jul 2026 12:10
I was watching / reading up ( I must admit, I'm not a financial Guru so don't have a 100% grasp on it all ), in regards to the Digital Dollar and the inevitable Dollar Reset.... I don't see any other outcome than a Reset, but what does it look like and what does it mean for you and me. Feck Knows, but it was interestiong to read up and understand Tether's link
Tether.............. Is one of the largest corporate and non-sovereign buyers in the world. Tether holds over $141 billion in U.S. Treasury exposure, making it the 17th largest global holder of U.S. government debt.Tether's Treasury holdings have grown to surpass the sovereign debt holdings of entire nations, including South Korea, Germany, and the United Arab Emirates. While stablecoin issuers like Tether have become vital buyers
https://gold.tether.to/faq
Tether offers a specific digital token called Tether Gold (XAUt), which is explicitly backed 1:1 by physical gold. Each token represents ownership of one fine troy ounce of physical gold stored in a Swiss vault.However, Tether's flagship U.S. dollar-pegged stablecoin, USDT, is a digital dollar intended to be backed primarily by cash, U.S. Treasury bills, and other equivalent assets. That said, Tether does hold billions of dollars worth of physical gold in its overarching corporate reserves to support USDT as well