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Tether Bought More Than 6 Tonnes of Gold in Q1 2026, Total Reaches 132 Tonnes

The purchase lifted Tether’s gold holdings to a record level worth about $19.8 billion, following additional acquisitions in the third and fourth quarters of 2025.

USDT

Fact Check
Two independent sources published around May 1-2, 2026 corroborate all key figures in the claim: the X post by @KobeissiLetter and the Investing.com article both confirm that Tether purchased more than 6 tonnes of gold in Q1 2026, bringing total USDT-backing gold reserves to 132 tonnes valued at approximately $19.8 billion. The Investing.com article adds granularity, noting the prior quarter (Q4 2025) saw 27 tonnes purchased and that end-of-December holdings were 126 tonnes, making the ~6-tonne Q1 addition to reach 132 tonnes arithmetically consistent. The claim's reference to 'additional acquisitions in Q3 and Q4 2025' is also confirmed by the @KobeissiLetter post (26 tonnes in Q3, 21 tonnes in Q4). The only minor uncertainty is the lack of direct access to Tether's official Q1 2026 attestation document, but the convergence of multiple independent financial news sources strongly supports the claim.
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Summary

Tether added more than 6 tonnes of gold in the first quarter of 2026, bringing its total holdings to a record 132 tonnes valued at about $19.8 billion. The update follows reported purchases of 21 tonnes in the fourth quarter of 2025 and 26 tonnes in the third quarter of 2025. Based on the figures provided, Tether’s gold reserves have more than doubled over the past 12 months, highlighting a continued expansion of reserve assets tied to the stablecoin issuer’s balance sheet.

Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, usually by being linked to a reserve asset such as the U.S. dollar or other holdings.
  • Reserves: Assets held by an issuer to support liabilities or tokens in circulation and to strengthen confidence in redemption capacity.
  • Tether: A major stablecoin issuer in the digital asset market, best known for issuing tokens intended to track the value of the U.S. dollar.