Tether Amasses World’s Largest Non-Sovereign Gold Reserve Amid De-Dollarization Shift
Tether has solidified its position as a major player in the gold market, holding over 140 tons of the precious metal worth approximately $23 billion. The reserves are securely stored in a Swiss nuclear bunker, marking the largest known non-sovereign gold stash globally. CEO Paolo Ardoino envisions Tether evolving into one of the foremost gold central banks in a post-dollar era, underscoring the accelerating de-dollarization trend.
Gold prices continue their meteoric rise, hitting a fresh all-time high of $5,200 on January 28, 2026. Ardoino predicts rival nations may soon introduce gold-backed alternatives to the US dollar, potentially accelerating the global shift away from dollar dominance. Tether plans to maintain its aggressive accumulation strategy, purchasing one to two tons of gold weekly in the coming months.