USDT Strengthens Backing with $8 Billion Gold Reserve in Swiss Vault

Tether Holdings, the issuer of the world's leading stablecoin USDT, has secured an $8 billion gold reserve in a proprietary Swiss vault, further solidifying its asset backing. This strategic MOVE underscores Tether's commitment to security and transparency as it continues to dominate the stablecoin market with $159 billion in circulation.

Tether Holdings Secures $8 Billion in Gold Within Proprietary Swiss Vault

Tether Holdings now safeguards $8 billion worth of gold in a privately owned vault located in Switzerland. The exact site remains undisclosed, reflecting the company's emphasis on security. This 80-ton gold reserve positions Tether alongside major institutional holders like UBS Group AG.

The El Salvador-based issuer of USDT, the world's dominant stablecoin with $159 billion in circulation, backs its token with traditional assets. Gold and commodities constitute nearly 5% of reserves as of March, alongside substantial holdings in US Treasuries.

Unlike conventional custodial arrangements, Tether's vertical integration eliminates storage fees. Chief Technology Officer Paolo Ardoino notes the strategic advantage: 'At scale, proprietary infrastructure dramatically reduces custody costs.' The move signals how crypto-native firms are reimagining traditional financial infrastructure.