⬤ Tether's gold stash has crossed $23 billion, representing about 148 tonnes of actual physical bullion. This massive reserve puts the USDT issuer squarely in the world's top 30 gold holders by sheer volume.
⬤ Here's what makes this wild: Tether now holds more gold than entire nations like Australia, the UAE, Qatar, South Korea, and Greece. It's a sign that private crypto companies are becoming serious players in the gold market—not just governments and central banks. The trend reflects how stablecoin infrastructure is evolving beyond digital-only operations, similar to Tether investment expansion into broader financial assets.
⬤ This isn't just about hoarding shiny metal. Stablecoins like USDT need solid backing to maintain their peg and keep user confidence high. By holding physical gold alongside traditional financial instruments, Tether is diversifying its collateral base while tapping into one of history's oldest store-of-value assets. The approach mirrors growing adoption patterns seen in USDT currency exchange markets worldwide.
⬤ The bigger picture? We're watching crypto infrastructure merge with old-school commodity markets in real time. When a stablecoin issuer holds enough gold to rival sovereign nations, it shows just how far digital assets have penetrated the traditional financial system. It's not just about Bitcoin and blockchain anymore—crypto companies are building balance sheets that look more like central banks every day, complete with hard assets backing their digital tokens.
Saad Ullah
Saad Ullah