Stablecoin group Tether holds talks to invest in gold miners

Tether, the biggest stablecoin company, has held talks about investing in gold mining, seeking to deploy its vast crypto profits into bullion. The company has held discussions with mining and investment groups about investing in the entire gold supply chain, from mining and refining to trading and royalty companies, according to four people familiar with the recent talks. While gold has been a physical store of value for thousands of years and bitcoin has only existed as a digital instrument since 2009, there is a growing affinity between some industry executives. Tether chief executive Paolo Ardoino has likened gold to...