Tether scores $5bn windfall as gold price rockets
Stablecoin group holds more bullion than many central banks and is one of biggest winners from blistering rally
Stablecoin group holds more bullion than many central banks and is one of biggest winners from blistering rally

Plus, a lawsuit from billionaire Patrick Drahi takes up the novel antitrust theory roiling credit stand-offs

Deal would make crypto operator one of world’s most valuable privately owned companies

CEO Paolo Ardoino downplays the scale of $185bn stablecoin group’s capital raise

Boss of crypto company that posted first-half profits of $5.7bn has called the precious metal ‘natural bitcoin’

One of crypto’s biggest players has grand plans to deploy its large profits

Surge in bullion prices turns precious metals trading and vaulting into one of finance’s most profitable businesses