Tether removes two senior gold traders hired from HSBC
Tether let go two senior gold traders hired three months ago from HSBC. The move follows a 13% drop in gold prices during March amid market volatility.
Xurve View
Insights:
Xurve View
The stablecoin issuer Tether has reportedly dismissed two senior precious metals traders who were hired from HSBC just three months ago. This development, first reported by Bloomberg and confirmed by sources familiar with the matter, occurs as the gold market faces its most significant monthly downturn since the 2008 financial crisis.
