PANews January 28th News, according to Bloomberg, stablecoin issuer Tether Holdings SA has become one of the largest participants in the global gold market, holding approximately 140 tons of gold valued at about $23 billion. It is believed to be the largest known physical gold holder outside of banks and governments. Tether CEO Paolo Ardoino revealed that the company is continuously purchasing gold at a rate of 1 to 2 tons per week, aiming to establish a long-term, stable physical gold reserve in a former Swiss nuclear bunker. He emphasized that this move is similar to playing the role of “one of the world’s largest gold central banks” and predicted that geopolitical rivals will launch dollar alternative currencies linked to gold, for which Tether has prepared its gold token XAUT.
Tether purchased over 70 tons of gold in 2025, surpassing nearly all single central banks except the Polish central bank, and exceeding many large gold ETFs. In addition to direct holdings, Tether has also hired a former senior gold trader from HSBC to plan the establishment of a gold trading platform and compete with banks like JPMorgan Chase. The company is also acquiring shares in several Canadian mid-sized gold mining license companies.
Earlier reports indicate that Tether increased its gold reserves by approximately 27 tons in Q4 2025.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether-linked Super PAC’s first $300,000 spending went to a company co-founded by the CEO, allegedly involving pay-to-play and favoritism.
A super political action committee affiliated with Tether filed paperwork with the U.S. Federal Election Commission showing that its first $300k expenditure went to Nxum Group, founded by Tether U.S. CEO Bo Hines, to buy campaign ads for Georgia Republican candidate Clay Fuller, raising questions about pay-to-play.
GateNews20h ago
Tether Launches Open-Source Local AI SDK
Paolo Ardoino, CEO of Tether, criticizes centralized AI and champions decentralization through the QVAC SDK, allowing local AI model deployment. This shift enhances data privacy and user control, positioning Tether at the convergence of blockchain and AI, challenging dominant tech firms.
Coinfomania04-11 06:05
Tether CEO：USDT 在 Hyperliquid 上占 HIP-3 交易量 7.8%
Gate News message, on April 10, Tether CEO Paolo Ardoino posted that USDT’s adoption on Hyperliquid is rapidly increasing. Data shows that in less than three months, USDT has grown from having almost no share on Hyperliquid to accounting for the rest.
GateNews04-10 14:09
Tether launches open-source AI toolkit QVAC SDK, positioning it as a general-purpose artificial intelligence foundation module
Tether’s QVAC team launched the QVAC SDK, which is an open-source, cross-platform AI development toolkit aimed at building the intelligent ecosystem of the future and supporting a wide range of devices. QVAC is seen as a next-generation intelligent framework with modular and infinitely extensible features to adapt to future development.
GateNews04-09 12:11
