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Tether Becomes Largest Independent Gold Holder with Massive $8.7B Stack
Tether, the issuer of the USDT stablecoin, has accumulated $8.7 billion worth of physical gold, making it the world’s largest privately-controlled holder of gold reserves in the independent financial sector. The company has been expanding its gold holdings consistently since early 2024, quietly shifting from reliance on treasury-backed reserves toward hard-asset collateralization. The strategy comes during heightened global inflation, interest-rate uncertainty, and geopolitical financial instability, prompting Tether to embrace bullion as a transactional hedge and a strategic anchor for long-term digital asset ... (full story)