Tether Expands into Gold Sector Using Stablecoin Profits
Tether, the dominant player in the stablecoin market, is aggressively diversifying into gold-related ventures—from mining operations to tokenized bullion—as the precious metal outshines Bitcoin in 2025. The company has engaged in advanced negotiations with multiple gold sector entities, though not all discussions have culminated in deals.
A $105 million minority stake in Toronto-based Elemental Altus marks Tether's most notable move, granting it exposure to gold royalties. Talks with Terranova Resources, however, collapsed without agreement. Market observers anticipate further acquisitions given Tether's robust financials: $5.7 billion in H1 2025 profits and a $168 billion USDT market cap provide ample fuel for expansion.
The firm already holds $8.7 billion in hard assets, underscoring its strategic pivot toward tangible value stores. Gold's resurgence as a hedge against crypto volatility appears to be driving this institutional shift.