MegaETH

Gold, Cash, and Bridges: How Reserve Models for Stablecoins Are Evolving – cover image
Gold, Cash, and Bridges: How Reserve Models for Stablecoins Are Evolving

Tether's growing gold stockpile and MegaETH's USDm pre-deposit bridge reflect a shifting playbook for stablecoin reserves. This article analyzes why issuers diversify (gold vs cash), how on‑chain/off‑chain bridges work, and the systemic implications for liquidity, transparency, and contagion risk.

Published at 2025-11-21 15:44:18