U.S. Labor Market Slowdown and Tether's Gold Mining Interests

Is Tether getting into gold mining?

Stablecoin issuer Tether is considering investing in gold mining. According to the report from Financial Times, the USDT issuer has held discussions with mining groups about putting money into the gold supply chain, including refining, trading and royalties. Plus, U.S. employment data in August shows a slowed labor market. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”

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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.