Tether Becomes Largest Non-Central-Bank Gold Holder With 116 Tonnes

The assessment is based on a strong consensus across multiple high-authority sources that corroborate both parts of the user's statement.First, the claim that "Tether holds 116 tonnes of gold" is consistently supported. Several highly credible sources, including Reuters, Yahoo Finance, and a report referenced by Banca d'Italia, explicitly state this figure, attributing it to Tether's Q3 reserve attestation. Tether's own news page points to these attestation reports as the primary source of information, lending official weight to the claim. Multiple other crypto-focused news outlets also repeat this figure, creating a consistent evidentiary picture.Second, the claim that this makes Tether "the largest holder of gold among non-central-bank entities" is directly and explicitly stated by Reuters, a source with very high authority. This specific and significant assertion is also echoed by another source (TradingView/Cointelegraph). While many of the other sources compare Tether's holdings to those of central banks, they do not contradict the claim about its standing among non-central-bank entities. The absence of any conflicting evidence, combined with direct confirmation from a top-tier news agency, makes this part of the statement highly credible.Overall, the evidence is consistent, comes from authoritative sources, and directly supports the entire statement. The small margin of uncertainty (reflected in the 0.85 probability) accounts for the fact that these figures are based on attestations rather than full, continuous audits, and the inherent difficulty in definitively verifying all private gold holdings globally. However, based on the provided primary sources, the statement is very well-supported and likely true.