Tether Invests $150 Million for 12% Stake in Gold.com

Tether has invested $150 million to acquire a 12% equity stake in Gold.com, according to a report by Cointelegraph. The company plans to use the partnership to integrate its gold-backed stablecoin, XAU₮, and expand access to tokenized gold products, Cointelegraph reported. Tether has previously increased its exposure to real-world assets, including U.S. Treasuries, to support its USDT stablecoin reserves, the report said.