Tether Becomes Gold.com’s Biggest Creditor With $1.5 Billion in Gold Financing

Tether has emerged as the dominant financing source for Gold.com, one of the largest gold dealers in the United States, after providing about $1.5 billion in financing for precious-metal leases. According to Bloomberg, Gold.com had approximately $1.7 billion in outstanding precious-metal leases at the end of June, with Tether accounting for the majority of that…