Overview
- Tether said it added about 27 metric tons of gold in the fourth quarter of 2025, roughly matching its third‑quarter intake.
- CEO Paolo Ardoino says total holdings are around 140 tons worth about $23–$24 billion, with purchases of 1–2 tons per week set to continue for the next few months.
- A year‑end assurance reported 520,089.350 fine troy ounces in Swiss LBMA‑compliant vaults fully backing XAU₮, which holds roughly 60% of tokenized gold.
- USDT’s reserves remain centered on U.S. Treasuries, with gold valued at $12.9 billion—about 7%—in the latest public snapshot as of Sept. 30, 2025.
- Tether’s steady accumulation has become a notable source of physical demand as gold breaks above $5,000 per ounce, placing the firm among the top 30 global holders cited by IMF data and Jefferies.