Tether Amasses $23 Billion in Gold Holdings, Among Largest for Private Entities

The stablecoin issuer’s $23 billion gold accumulation places it among the biggest non‑state holders of the precious metal globally.

USDT

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Terms & Concepts
  • Tether: A major stablecoin issuer known for maintaining reserves in assets like cash, U.S. Treasury bills, and now gold.
  • Stablecoin: A cryptocurrency designed to maintain a stable value, typically pegged to a fiat currency or asset such as the U.S. dollar.
  • Gold reserves: Holdings of physical gold used by governments or institutions as a store of value or backing for financial instruments.