Tether Bought 26 Tonnes of Gold in Q3 — Reserves Now Rival Central Banks

Key Takeaways

• Tether has importantly stepped up its golden purchases successful caller months.

• At the adjacent of Q3, the steadfast held astir 116 tonnes of gold.

• Gold underpins XAUT and forms a portion of Tether’s stablecoin reserves.

Tether has emerged arsenic 1 of the largest buyers of golden successful caller months, acquiring 26 metric tonnes of the precious metallic successful the 3rd 4th of 2025.

The USDT issuer’s golden reserves person accrued importantly successful the past year, present rivaling those of a mid-sized cardinal bank.

According to analyses by the concern slope Jefferies, Tether acquired 26 tonnes of golden successful Q3—more than immoderate cardinal slope during the aforesaid period.

At the extremity of September, the USDT issuer held astir 116 tonnes of golden successful total. If it were a cardinal bank, Tether’s golden reserves would fertile among the top 30 successful the world, up of Greece, Qatar, and Australia.

Tether’s reported golden reserves see assets underpinning its tokenized golden product, XAUT. But with a marketplace capitalization of astir $1.6 billion, XAUT accounts for little than 12 tonnes of bullion. 

Precious metals besides marque up astir 7% of the firm’s stablecoin reserves. 

Subtracting USDT and XAUT reserves, Tether is inactive sitting connected a hefty stockpile itself.

Recent investments bespeak CEO Paolo Ardoino’s professed affinity for the plus class. In September, helium stated that “while the satellite continues to get darker, Tether volition proceed to put portion of its profits into harmless assets similar Bitcoin, Gold, and Land.”

Beyond carnal metal, the steadfast has besides directed superior toward the mining royalties with a reported $100 million concern successful Elemental Altus.

The station Tether Bought 26 Tonnes of Gold successful Q3 — Reserves Now Rival Central Banks appeared archetypal connected ccn.com.