Tether Consolidates $8 Billion Gold Reserves in Swiss Vault Amid Scrutiny

Tether has consolidated a gold reserve worth $8 billion in a Swiss vault, marking a significant expansion of its physical asset holdings. The stablecoin issuer now holds one of the world's largest private gold stockpiles, though it represents less than 5% of its total USDT reserves.

CEO Paolo Ardoino describes the company's vault as "the most secure in the world," emphasizing gold's superiority over national currencies as a store of value. The firm added 0.3 tons since its Q1 2025 disclosure, bringing its total to 8 tons - positioning Tether alongside central banks and sovereign wealth funds in gold ownership.

While the MOVE demonstrates Tether's growing institutional footprint, questions remain about reserve audits. The timing appears strategic as geopolitical tensions drive renewed interest in gold's stability, though the commodity's millennia-long history makes absolute valuation benchmarks elusive.