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Tether’s Gold Holdings Reach 148 Tonnes, Surpassing Several Nations
Tether has built one of the largest gold holdings outside the sovereign sector after buying an estimated 32 tonnes of physical bullion between late 2025 and January 2026, according to a report from Wall Street investment bank Jefferies. The buying pace ranked behind only Brazil and Poland during that period, placing the stablecoin issuer among the most active gold buyers globally. Jefferies analysts estimate Tether’s total gold reserves reached about 148 tonnes as of Jan. 31, valued at roughly $23 billion at prevailing prices. That total reflects purchases of around 26 tonnes in the final quarter of 2025, followed ... (full story)