Tether Hires Top HSBC Gold Traders to Take on Bullion Market

Tether Holdings SA is hiring two of the world’s most senior precious metals traders from HSBC Holdings Plc, as the stablecoin giant deploys its deep pockets to build a vast...

By Jack Ryan, Jack Farchy, Yihui Xie · Bloomberg Markets

Tether Holdings SA is hiring two of the world’s most senior precious metals traders from HSBC Holdings Plc, as the stablecoin giant deploys its deep pockets to build a vast gold reserve and challenge the established players of the bullion market.