Tether: From Stablecoin to Sovereign Wealth Fund 🏛️ While the market debates crypto volatility, the issuer of the world's largest stablecoin ( $USDT ) is quietly executing a transformation of historic proportions. Data confirms that @tether now holds 116 tons of gold. To put this in perspective: that is larger than the sovereign reserves of Denmark, Hungary, Qatar, or South Korea. 📍A crypto company has effectively become one of the largest independent holders of precious metals on the planet. ▫️ The Strategic Pivot We are witnessing an evolution in the business model. Tether generates billions in yield from US Treasuries. However, bonds are "paper" assets, dependent on the Fed and inflation metrics. ▫️ The "Hard Money" Strategy Tether’s strategy is built on diversification. While Treasuries generate consistent cash flow, gold serves as the ultimate hedge against systemic risk — an asset that cannot be printed or arbitrarily cancelled. ▫️ Market Irony For years, skeptics predicted the collapse of USDT. In reality, Tether has evolved into a proxy Central Bank, operating with a sustainability model that rivals many corporations and even nation-states. While others build ecosystems, #Tether is building its own gold standard. This creates the most collateralized "digital dollar" in the world.

Thanks to our jury for the sharp questions and careful scoring: Jerome @Jerome_ (@MF__xyz) Aleksandr @Al_Nechaev (@FundersVC) Roman @R_M_Evdokimov (@ContributionCap) Gavin Wang (@SNZHolding) Ben @HummusOnRails (@Arbitrum)

🇸🇬 CONNECT: In early-stage crypto investing, the team may matter more than the product. @FundersVC's @al_nechaev said products and markets can change rapidly, making founders' expertise and ability to execute central to investment decisions.

Question for everyone posting “only buy Ledger direct from the manufacturer” today where did yours get delivered? Your home + your name? Then you’re potentially exposed too, just from the other side: customer database. Authorized resellers were and still are normal practice

Congrats to all the teams, and thanks @reason8eth for making the best out of the last day of Token2049! Huge thanks to our judges @r_m_evdokimov @soultaker_eth @bobur_muydinov, and to everyone who came to watch👏

Co-hosting for the second time and couldn’t be happier Good luck to every startup pitching, and come watch them take home real prizes

Crypto investing doesn’t end when the check is written. At CONNECT Singapore, the conversation turns to exits, liquidity and how crypto investors ultimately turn their investments back into returns. • @nabais_andre, Co-Founder & CFO, @Second_Lane • Pulkit Gupta, Investment Research, @NomadCapital_io • @al_nechaev, Partner & Head of DeFi & DA, @FundersVC • @The_SoniaShaw, CEO, @OneAsset_io Oct. 9 | Singapore See you there: luma.com/q23fn0vw

Meet the panel judging the Founder × VC Summit Demo Day Ten judges, ten projects pitching live on 6 October in Singapore, @token2049 week. - Lachlan Breakey (@BreakeyLachlan ), Kosmos Ventures (@KosmosVC) - Noah Frankel (@realnoahfrankel), JSquare (@JSquare_co) - Adrian Lai (@adrianlai), Spartan Group (@TheSpartanGroup) - Aleksandr Nechaev (@al_nechaev), Funders VC (@FundersVC) - Roman Evdokimov (@r_m_evdokimov), Contribution Capital (@ContributionCap) - Atharv Shrivastava (@theatharvshri), BackersStage (@BackersStage) - Bobur Muydinov (@bobur_muydinov), Inspira Labs (@InspiraLabsHQ) - Krish Gosai (@kcgosai), Gosai Law (@gosai_law) - Irena Timofeeva (@irenaxbt), 1inch (@1inch) - Daniel Kislinskiy (@daniil_defi), Cicada Capital (@cicada_mm) Co-hosted with @awscloud and @wisdoraX .

TOKEN2049 week is packed 🇸🇬 Speaking and judging at a bunch of events this week. Grateful for every invite Oct 6 - pitch competition @BackersStage Oct 7 - pitch competition @DeFiFounders Oct 9 - panel @BitAngels + our pitch competition event at @Cointelegraph + panel

Looking forward to this conversation🤝 Exits and liquidity are a crucial part of the investment cycle, and we’re glad to have @al_nechaev joining the discussion in Singapore.

TOKEN2049 week is stacked 🔥 On top of the scheduled meetings, I'll also be sharing my take on the current market, DeFi and liquid markets Thanks for having me

Happy to support the DeFi ecosystem as a judge here. Come pitch us 👇

I don't believe in slowing AI down. Even if every US lab agreed to pause tomorrow, China wouldn't People will buy the most powerful model available (especially if it's cheaper). So the money will flow out of the US + out of US companies valuations There's no way back from here

Liquid Network lost 4 000 BTC on Sunday. The "white hat" sent back 3 400 and kept 600. There's a standard for this: 10% of the funds, capped at $1M, agreed in writing beforehand Blockstream can forgive them, but forgiveness and charges come from different people Shakeeb Ahmed returned everything but $1.5M under a "don't call the cops" deal and got 3 years anyway