Tether Confirms Massive, Under-The-Radar $4,810,562,298 Gold Purchase: Report
The stablecoin firm Tether has boosted its gold holdings by a staggering $4.8 billion.
Tether says it bought 27 metric tons of gold within the fourth quarter of 2025, barely bigger than its 26 tons bought within the third-quarter, reports Reuters.
By comparability, Poland’s central financial institution, the main international central financial institution purchaser, elevated its gold reserves by 35 tons within the fourth quarter for a complete of 550 tons.
Says Tether CEO Paolo Ardoino,
“We’re working at a scale that now locations the Tether Gold Funding Fund alongside sovereign gold holders, and that carries actual accountability.”
Stablecoins keep a steady worth by being backed 1:1 by real-world belongings just like the US greenback.
The corporate points the stablecoin Tether Gold (XAUT), which is absolutely backed by gold. XAUT’s market cap sits at about $2.7 billion market cap, up about 30% prior to now three months as gold soars in worth.
The corporate additionally points the stablecoin USDT, which has a 1-to-1 peg to the greenback and is backed largely by U.S. Treasuries, with gold representing 7% of its backing as of September.
In a brand new interview with Bloomberg, Ardoino says the corporate now holds about 140 tons of gold, which is value roughly $23 billion.
Gold is buying and selling at $5,184 per ounce at time of writing, up greater than 19% since January 1st.
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