Tether: The world's largest private gold holder shuts down its gold lending platform
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Reported by BiJieNet: According to BiJieNet, Tether announced it will shut down its gold-backed lending platform, Alloy, and users must withdraw their assets before September 17. Tether currently holds more than 146 metric tons of gold, valued at approximately $18.8 billion, making it the world's largest private holder of gold. The company stated that this closure is to focus resources on products with higher user demand, especially XAUT.
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