Tether (CRYPTO: USDT) is considering investments in the gold industry to diversify its profits from cryptocurrency operations. According to reports, the stablecoin issuer has been in talks with mining groups and investment firms regarding opportunities in various aspects of the gold supply chain. With a market capitalization of $168 billion, Tether has seen substantial earnings, with profits reaching $5.7 billion in the first half of the year. These profits mainly stem from interest gained from U.S. Treasuries that secure the stablecoin. CEO Paolo Ardoino views gold as a comparable asset to Bitcoin (CRYPTO: BTC) due to its historical role as a store of value.