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Swiss City of Lugano Launches Bitcoin-Themed Coworking Space
Currently, more than 200 merchants and shops in the city of Lugano accept Bitcoin, and Lugano is quickly becoming a hub for cryptocurrency enthusiasts.
https://planb.lugano.ch/luganos-bitcoin-co-working-hub-work-and-network-in-one-place/
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Tether Gold: The Investment Case for Gold
Gold has been the investment of choice for investors around the world for centuries because of its unique attributes that set it apart from other investment options.
Some of the main reasons investors have historically chosen gold include:
Store of value: Gold has been used as a store of value for centuries, and its value has remained constant over the long-term against the continued depreciation of the value of the national currency, making it an excellent choice for investors looking for a store of value.
Safe Haven: Gold is considered a safe-haven asset, meaning that it tends to hold or gain value during times of economic or political turmoil when the solvency of the financial system is called into question, providing a hedge against inflation and currency depreciation.
Diversification: Investing in gold allows investors to diversify their portfolios, which helps to spread risk and potentially reduce overall portfolio volatility.
More than just a hedging tool
In modern markets, gold is not just a hedging tool, it is a store of value. Since 2000, gold has outperformed US stocks, bonds and Treasuries.
Gold has three other unique characteristics that make it particularly attractive as part of a diversified portfolio, regardless of changes in the shape of governments or the financial system.
Tangible Assets: Gold is a tangible asset, which means investors actually own it, eliminating the counterparty risk inherent in other financial assets.
Universal Applicability: Gold is widely accepted as a method of payment and exchange, making it a liquid asset that can be bought and sold easily.
Gold's enduring appeal shows no signs of abating, with investors continuing to recognize the value of owning a physical asset that will stand the test of time.
https://tether.to/en/the-investment-case-for-gold/
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Data: Tether has newly issued USD 15 billion in USDT since the beginning of this year
According to Blockworks Research data, Tether's stablecoin market share has reached 63%, the highest point in two years. In addition, USDT's market value hit $81.5 billion on Thursday, the highest since May 2022, and is currently $2 billion short of its all-time high of $83.4 billion.
https://blockworks.co/news/usdt-market-share-all-time-high
