Tether’s Gold Ambition: How a Stablecoin Giant Is Trying to Act Like a “Gold Central Bank”

2026-01-29 - 18:31

Key Points Tether says it added about 27 metric tons of gold in the last quarter of 2025, accelerating a buying spree that resembles an institutional program. Its gold footprint has two layers: XAUt tokens backed by bars and a much larger gold reserve position valued around $24 billion as prices climbed. With about $186–$187