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Tether Accelerates Gold Accumulation, Emerging as a Major Market Player
Tether Accelerates Gold Accumulation, Emerging as a Major Market Player
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BTCCSquare news:
Tether Holdings SA has dramatically increased its gold purchases, acquiring up to 2 tons weekly and storing the bullion in high-security Swiss vaults. The stablecoin issuer now holds over 140 tons of gold, positioning itself among the largest non-governmental holders globally. CEO Paolo Ardoino boldly claims the company is becoming "one of the biggest gold central banks in the world."
The scale of Tether's 2025 acquisitions—exceeding 70 tons—outpaced nearly all central banks except Poland. This aggressive accumulation strategy has contributed to gold prices breaching $5,100 per ounce. The company's vault activity stands in stark contrast to Switzerland's typically dormant nuclear bunkers, repurposed for bullion storage.
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