Tether, a cryptocurrency company with only 150 employees, holds 140 tons of gold (worth $24 billion), stored in a nuclear bunker in the Swiss Alps, exceeding the reserves of many central banks. Its "money printing machine" model: users deposit US dollars for USDT, investing the funds in US Treasury bonds at zero cost, generating annual profits of $15 billion. The gold is divided into two parts: 16 tons backed by XAUT, and 124 tons as its own "ballast." This enhances solvency, but also poses significant liquidity risks. Tether is transforming into a "digital central bank," integrating gold and US Treasury bonds, challenging the traditional financial order. For details, please see: hellobtc.com/kp/du/01/6215.htm...…