In an impressive display of growth, USDT issuer Tether consolidated 80 tons of gold into a single Swiss vault, representing around $8 billion. Gold’s value has been on the rise, and the firm is looking to buy more.

However, this stockpile still represents less than 5% of Tether’s USDT reserves, and there hasn’t been an audit yet. The company certainly has an impressive footprint, but there are outstanding questions about its internals.

Tether’s New Gold Reserve

Tether, one of the world’s leading stablecoin issuers, has a widely known association with gold, launching a token based on the metal almost exactly two years ago.

Earlier this year, the company declared that it held 7.7 tons of gold, and it’s evidently been acquiring more. Today, a Bloomberg article reveals Tether’s consolidated stockpile in a Swiss vault:

“We have our own vault. I believe it’s the most secure vault in the world. If you have your own vault, eventually with the size, it gets much cheaper to do custody,” claimed CEO Paolo Ardoinio. He added that gold “should logically be a safer asset than any national currency.”

Based on this interview, Tether has purchased 0.3 tons of gold since publishing its Q1 2025 report. It’s currently one of the largest holders in the world.

This is especially impressive considering that Tether’s main competitors on this front are international banks and world governments.

If nothing else, it’s a good time to invest in gold; several Go to Source to See Full Article
Author: Landon Manning