Tether

Tether appears in 155.如何理解黄金的史诗级波动 as a crypto-sector actor used to explain why gold demand may no longer be separate from crypto-market capital. The source says Tether held about 140 tonnes of gold, and [[DavidWeng|大卫翁]] uses that example to argue that some crypto wealth may have rotated toward gold during a period when crypto assets themselves were performing poorly.

The page keeps that claim source-scoped. Its wiki role is not a full Tether profile; it is a bridge between Digital Gold, Bitcoin Safe-Haven Behavior, crypto liquidity, and [[GoldMonetaryAnchor|gold’s monetary-anchor]] narrative.

Connections

• Bitcoin Safe-Haven Behavior and Digital Gold - crypto narratives tested against actual safe-haven behavior.
• Gold Monetary Anchor and Gold As Currency Spare Tire / 黄金备胎 - gold demand branch where crypto capital may become marginal buyer.
• Liquidity-Driven Volatility Cascade and Crypto Leverage-Liquidity Cascade - market-structure context around flow-sensitive assets.