Tether Turns Into a Gold Giant.
By Maxime Laurent · 2025-11-26 19:19
Tether Turns Into a Gold Giant.
116 tons of gold puts them on par with national reserves.
Saw the FT note today while finishing my café, and mon dieu — Tether now holds 116 tons of gold, matching the reserves of South Korea, Hungary and even Greece. Let that sink in for a second. A private crypto company now sits shoulder-to-shoulder with central banks.
Their pace is insane too: in just one quarter, Tether accounted for almost 2% of global gold demand and around 12% of all central-bank purchases. That’s not accumulation — that’s a full-blown strategy.
And the reasoning is clear: Tether is betting big on tokenized gold. Their gold-backed token XAUt has nearly doubled in supply in the last six months, supported by more than 275,000 added ounces. Sitting here under the southern sun, I can feel where this is going — the next wave of stable assets won’t be just dollars onchain, but real commodities turned liquid, tradable, borderless.
Crypto quietly keeps rewriting the financial map. One gold bar at a time ✨
#crypto #tether #XAUt #gold #BTC #stablecoins #tokenization
116 tons of gold puts them on par with national reserves.
Saw the FT note today while finishing my café, and mon dieu — Tether now holds 116 tons of gold, matching the reserves of South Korea, Hungary and even Greece. Let that sink in for a second. A private crypto company now sits shoulder-to-shoulder with central banks.
Their pace is insane too: in just one quarter, Tether accounted for almost 2% of global gold demand and around 12% of all central-bank purchases. That’s not accumulation — that’s a full-blown strategy.
And the reasoning is clear: Tether is betting big on tokenized gold. Their gold-backed token XAUt has nearly doubled in supply in the last six months, supported by more than 275,000 added ounces. Sitting here under the southern sun, I can feel where this is going — the next wave of stable assets won’t be just dollars onchain, but real commodities turned liquid, tradable, borderless.
Crypto quietly keeps rewriting the financial map. One gold bar at a time ✨
#crypto #tether #XAUt #gold #BTC #stablecoins #tokenization
Disclaimer: This content is for informational purposes only and not financial advice.