Tether Emerges as Top Gold Holder with 116 Tonnes Amid 50% Price Surge
Tether's aggressive Gold acquisitions in 2025 have positioned it among the world's largest non-sovereign holders, with 116 tonnes now under management—surpassing reserves held by central banks of South Korea and Hungary. The stablecoin issuer's bullion reserves now represent 7% of its total assets, signaling a strategic pivot toward diversified collateral.
Gold prices have rallied over 50% year-to-date, trading at $4,080-$4,100/oz as institutional demand tightens supply. Tether's Q3 purchases alone accounted for 2% of global quarterly demand, equivalent to 12% of central bank activity during the period, according to World Gold Council data.
CEO Paolo Ardoino has publicly championed expanding exposure to traditional assets, with the company projected to generate $15 billion in revenue. Analysts at Jefferies note Tether's accumulation is reshaping physical market dynamics while fueling bullish sentiment among traders.
