Gold and Bitcoin Are Hedges, But Why Is a Stablecoin Company Buying Farmland?

Tether, the stablecoin issuer, is reportedly investing in farmland and other real-world assets alongside its exposure to gold and Bitcoin. The strategy reflects a broader effort to diversify reserves and preserve value against inflation, currency weakness, and financial-system risks rather than relying solely on crypto assets. For Bitcoin, Tether’s positioning reinforces its role as a hedge, but also highlights that institutional risk management increasingly favors a basket of scarce or productive assets over a single store of value.